Airbnb Says On Nov. 6, At The Behest Of The Public Prosecutor, Italian Police Presented Co. With A Court Order Purportedly Authorizing Them To Seize The 779M Euro Assessment From Airbnb Ireland
Portfolio Pulse from Benzinga Newsdesk
Airbnb has been presented with a court order by Italian police, at the request of the Public Prosecutor, authorizing them to seize the 779M Euro assessment from Airbnb Ireland.
November 07, 2023 | 10:54 pm
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Airbnb faces a potential financial setback as Italian police present a court order to seize 779M Euro from Airbnb Ireland.
The court order to seize 779M Euro from Airbnb Ireland could significantly impact Airbnb's financials. This could lead to a negative sentiment among investors, potentially driving the stock price down in the short term.
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