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KKCG Maritime’s Partial Tender for Ferretti Reaches 30% of Target

Story Highlights
  • KKCG Maritime’s partial tender offer for Ferretti has drawn acceptances for about 16 million shares.
  • If fully executed, the offer would boost KKCG Maritime’s stake and potentially reshape Ferretti’s ownership and governance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
KKCG Maritime’s Partial Tender for Ferretti Reaches 30% of Target

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

KKCG Maritime has launched a voluntary conditional partial public tender offer to acquire up to 52,132,861 shares of Ferretti, equal to 15.4% of the company’s share capital, and by 8 April 2026 had received valid acceptances for 16,035,119 shares, about 4.74% of issued capital and 30.76% of the maximum offer size. The offer could strengthen KKCG Maritime’s influence over Ferretti beyond its existing 14.5% stake, with further announcements on acceptance levels and final allocation expected, leaving investors watching for potential changes in ownership structure and governance at the yacht maker.

More about Ferretti S.p.A.

Ferretti S.p.A. is a yacht manufacturer listed in Hong Kong, active in the luxury maritime sector with a focus on high-end recreational vessels. Its shares trade under the stock code 09638.HK, reflecting its positioning within the premium global yachting and marine leisure market.

Find detailed analytics on YACHT stock on TipRanks’ Stock Analysis page.

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