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An announcement from Ferretti S.p.A. ( (IT:YACHT) ) is now available.
KKCG Maritime has received regulatory clearance from Italian securities regulator Consob and the Hong Kong Takeovers Executive for its voluntary conditional partial tender offer for Ferretti S.p.A., allowing publication of the formal offer document on 2 March 2026. The bid seeks up to 52,132,861 Ferretti shares, or 15.4% of its share capital, and could reshape the yacht maker’s shareholder base and strategic alignment if a significant proportion of investors choose to tender.
The offer acceptance period will run from 16 March to 13 April 2026, with shareholders who participate receiving cash consideration of EUR 3.50 per share, payable on 20 April 2026, unless the timetable is extended. The move underscores continuing international interest in Ferretti’s luxury yacht franchise and may influence its market valuation and governance as KKCG Maritime positions itself as a larger strategic investor in the company.
More about Ferretti S.p.A.
Ferretti S.p.A. is a yacht manufacturer listed in Hong Kong and Milan, operating in the luxury maritime sector under the stock code 09638.HK and ticker YACHT. The company focuses on high-end leisure vessels, targeting global premium boating and yachting markets where strategic shareholdings and capital structure are closely watched by international investors.
See more data about YACHT stock on TipRanks’ Stock Analysis page.