Ferretti sails on with IPO despite Italian politics

By Sam Kerr
20 Aug 2019

Ferretti, the Italian manufacturer of luxury yachts, is still planning to lead the autumn Italian IPO pipeline, despite the increasing likelihood that the country’s coalition government could collapse after the resignation of the Prime Minister.

Italy’s prime minister Giuseppe Conte addressed the Italian Senate on Tuesday afternoon, announcing his resignation and possibly the end of the coalition government of the Five Star Movement and League parties.

There are a host of outcomes which could follow this, including new elections this year.

However despite ...

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