Late yesterday evening the Board of Directors of Ferretti Group approved the Response Document relating to the partial tender offer launched by KKCG Maritime, judging the consideration of €3.50 per share not adequate and recommending that independent shareholders do not tender their shares. A position that opens a delicate phase for the group’s governance balance
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The entry of U.S. investor Biglari Holdings into the share capital of Ferretti Group adds a further element to a phase of intense market attention focused on the governance of the Forlì-based group. The move comes just days before the launch of the takeover bid promoted by the Czech group KKCG
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Ferretti International Holding (FIH), the controlling shareholder of Ferretti and a company wholly owned by Weichai Group, has firmly rejected recent media and analyst speculation, describing it as inaccurate and misleading. The statement comes in the context of the voluntary conditional partial tender offer launched by Kkcg Maritime, which has brought renewed market attention to the governance and strategic outlook of the yacht builder.
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One of the leading models in the flybridge range is turning heads again in a completely redesigned version. New features and an innovative layout showcase interiors in which natural light takes centre stage
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With a world premiere – wallypower50X – and an AMAS region debut – Ferretti Yachts 940 – Ferretti Group is taking a world-class fleet to the 85th edition of the Discover Boating Miami International Boat Show held from 11 to 15 February
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