Campari buys stake in Italy's Tannico to boost online spirits business

MILAN (Reuters) - Italian drinks group Campari has agreed to buy 49% of online wines and spirits company Tannico to boost its e-commerce business amid the COVID-19 crisis, it said on Friday.Campari said it had reached an agreement with Tannico's owners to buy 39% of the company's capital while subscribing to a reserved capital increase to take an overall 49% of the firm in a deal worth 23.4 million euros.Under the deal, Campari will have the possibility to increase its interest in Tannico to..