Yacht maker Ferretti plots course to Italian stockmarket homecoming

Ferretti_IPO_alamy_230x150
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

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.