Consob Suspends Review of KKCG Maritime’s Partial Tender Offer for Ferretti

Ferretti S.p.A. ( (IT:YACHT) ) has issued an update.

KKCG Maritime, through Azúr a.s., has launched a voluntary conditional partial public tender offer to acquire up to 52,132,861 shares of Ferretti S.p.A., equivalent to 15.4% of the yacht maker’s subscribed and paid‑in share capital. The move underscores strategic interest in increasing exposure to Ferretti, which is dual‑listed in Hong Kong and Milan and operates in the luxury yacht segment.

The Italian market regulator Consob has temporarily suspended its 15‑day review period of the tender offer document after requesting additional information from KKCG Maritime on 9 February 2026, pausing the clock with four days remaining. This suspension, which can last up to 15 days, delays Consob’s approval timeline but does not affect the parallel review of the offer document by the Hong Kong Executive under the HK Takeovers Code, leaving the cross‑border process progressing on separate regulatory tracks.

More about Ferretti S.p.A.

Ferretti S.p.A. is a yacht manufacturer listed in Hong Kong under stock code 09638.HK and in Milan under the ticker YACHT, operating in the luxury leisure marine industry. The company focuses on the design, production and sale of high‑end recreational vessels, targeting affluent global clients and investors seeking exposure to premium maritime assets.

For an in-depth examination of YACHT stock, go to TipRanks’ Overview page.