The Italian judiciary has ruled against Deoleo in a customs operation case that began in 2014. The ruling requires Deoleo's Italian unit to pay $93 million in a tax dispute. This decision comes after previous favorable rulings for Deoleo, which is owned by Alchemy and CVC funds. Deoleo's Italian subsidiary plans to appeal the $93 million sanction. The company's stock has plummeted due to the ongoing issues with Italian authorities.