Campari says office shift abroad unlikely after virus lifts cost of move
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MILAN (Reuters) - Italy's Campari said it was likely to ditch for now a plan to move its registered office to the Netherlands after a drop in its share price driven by the COVID-19 crisis gave its shareholders an incentive to opt out of the scheme.A 20% fall in the value of Campari shares to 6.90 euros caused by lockdown measures to contain COVID-19 contagion made it profitable for shareholders to exercise withdrawal rights and have their holdings liquidated in cash.That has lifted the cost of..