Ferretti's top shareholder doesn't plan to support KKCG's tender offer

Ferretti SpA

22/01/2026 07:37

Jan 22 (Reuters) - Ferretti International Holdings, the controlling shareholder of Ferretti YACHT.MI, said on Thursday it did not intend to support the partial public tender offer for the Italian yacht maker launched by Czech investment group KKCG.

KKCG on Monday launched an offer worth up to 182 million euros ($213 million) to double its stake in Ferretti and push for boardroom changes.

($1 = 0.8558 euros)

 (Reporting by Chandni Shah in Bengaluru. Editing by Mark Potter)

 ((Chandni.shah@thomsonreuters.com;))