KKCG Maritime rejects Ferretti board's opposition to €3.90 partial tender offer

Ferretti SpA

08/04/2026 23:56

April 9 (Reuters) - Czech investor KKCG Maritime on Thursday rejected Ferretti's YACHT.MI board opposition to its 3.90 euro-a-share tender offer, saying the recommendation was driven by directors linked to controlling shareholder Weichai and highlighting dissent within the board.

KKCG, which is seeking to raise its stake to as much as 29.9% via a partial offer for 15.4% of Italian yacht maker Ferretti, reiterated the bid is final, fair and offers minority shareholders an attractive exit ahead of the April 13 deadline.

 (Reporting by Roushni Nair in Bengaluru; Editing by Shreya Biswas)

 ((Roushni.Nair@thomsonreuters.com;))