News

#Ex-Campari chief accused of spilling Grand Marnier deal to pal

#Ex-Campari chief accused of spilling Grand Marnier deal to pal

If you want to watch Movies or TV series visit the Dizi.BuradaBiliyorum.Com

The apertif for this dinner was allegedly a hot investment tip.

French authorities have accused a former Campari Group honcho of telling his friend over dinner about the company’s impending takeover of rival booze maker Grand Marnier, a report says.

Ex-Campari CEO Marco Perelli-Cippo allegedly spilled the news to his pal, Davide Blei, at a meal on March 1, 2016 — just weeks before his company revealed it was acquiring the famed cognac brand, according to Bloomberg News.

The accusations have been lodged by officials at the Autorité des Marchés Financiers, France’s stock market regulator, who say Blei opened a securities account just to buy Grand Marnier shares the day after dining with Perelli-Cippo, the news service reported Friday.

Blei reportedly earned 34,000 euros, or $40,300, thanks to the tie-up, which was announced in mid-March 2016. But his lawyer, Romuald Cohana, called the regulators’ theory of the case “absurd.”

“It is just not possible that Mr. [Perelli-Cippo] asked his friend for 50 years to come over [to] his house just to tell him that a takeover bid would occur soon and invest only 50 thousand euros,” Cohana, a partner at the Sharp law firm, told The Post in an email.

Perelli-Cippo invited Blei to his home in Milan that evening to dine and to “talk about sailing like they usually do,” Cohana said. While there, Blei saw a file with “Grand Marnier” written on it and then bought 50,000 euros worth of shares in the brand without telling Perelli-Cippo, according to Cohana.

Perelli-Cippo also denies mentioning the Grand Marnier deal to Blei, Bloomberg reported. French regulators reportedly want to fine Blei 120,000 euros and slap Perelli-Cippo with a fine half as large.

“During my whole career, I never told anyone what I did at work, the secrets of my activity, not even to my wife or to my dog,” Perelli-Cippo said, according to Bloomberg.

Campari Group did not immediately respond to a request for comment on behalf of Perelli-Cippo, who reportedly stepped down as CEO in 2004 but stayed on the company board and was named honorary president in 2016.

if you want to watch Movies or Tv Shows go to Dizi.BuradaBiliyorum.Com for forums sites go to Forum.BuradaBiliyorum.Com

If you want to read more News articles, you can visit our News category.

Source

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Close

Please allow ads on our site

Please consider supporting us by disabling your ad blocker!