Yacht maker Ferretti plots course to Italian stockmarket homecoming

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By Aidan Gregory
16 Sep 2019

Italian luxury yacht maker Ferretti has announced its intention to float on the Milan Stock Exchange, over a decade after it was taken private by private equity funds.

In a regulatory filing, Ferretti said on Monday that it would raise €100m by selling new shares to institutional investors. Feretti’s two main shareholders Weichai Group, the Chinese industrial company, and Italian billionaire Piero Ferrari, will also sell some shares as part of the flotation.

Barclays

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