Ferretti board says sweetened KKCG Maritime offer 'not fair or reasonable'

Ferretti

02/04/2026 20:55

April 2 (Reuters) - Italian yacht maker Ferretti YACHT.MI said on Thursday its board considers a sweetened offer by Czech investment firm KKCG Maritime "not fair or reasonable" for independent shareholders.

KKCG Maritime is seeking to boost its stake in Ferretti and last week raised its offer to 3.90 euros ($4.50) per share from 3.50 euros, saying it would not raise the offer any further.

($1 = 0.8665 euros)

 (Reporting by Rajveer Singh Pardesi in Bengaluru)

 ((RajveerSingh.Pardesi@thomsonreuters.com;))