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Ferretti S.p.A. ( (IT:YACHT) ) has provided an announcement.
KKCG Maritime has launched a voluntary conditional partial public tender offer to acquire up to 52,132,861 shares of Ferretti S.p.A., representing 15.4% of its subscribed and paid-in share capital. The offer is being carried out through Azúr a.s., with Somerley acting as financial adviser to the offeror.
The Austrian antitrust authority approved the proposed acquisition on 17 February 2026 without imposing any conditions or obligations, satisfying one of the key conditions attached to the offer. This clearance removes a regulatory hurdle and paves the way for KKCG Maritime to proceed, potentially strengthening its strategic stake in Ferretti and influencing the company’s shareholder structure and governance dynamics.
More about Ferretti S.p.A.
Ferretti S.p.A. is a luxury yacht manufacturer listed in Hong Kong under stock code 09638.HK and on the EXM under the ticker YACHT. The company operates in the high-end leisure boating industry, focusing on the design, production and sale of premium yachts to affluent customers and international markets.
Learn more about YACHT stock on TipRanks’ Stock Analysis page.