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April 30, 2026
The Financial Times reported that the chief executive of Italian luxury yacht maker Ferretti said it was held back by "a lack of industrial vision" as well as aversion towards risk among its large Chinese shareholders. CEO?Alberto Galassi made…
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April 20, 2026
The two largest shareholders of Ferretti filed rival slates of candidates for the renewal of the Italian Yacht Maker's Board on Monday, setting up a fight at the annual meeting of the company on May 14. Czech investor KKCG Maritime has submitted…
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April 8, 2026
KKCG Maritime 'on Thursday rejected Ferretti’s opposition to 'its 3.90 euro a share partial tender offer', stating that directors nominated 'by 'controlling shareholder Ferretti 'International 'Holdings' (FIH), a 'unit' of 'China's Weichai Group','shaped' the recommendation.
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March 26, 2026
KKCG Maritime, a Czech 'investment firm', raised on 'Friday its voluntary offer - to increase its % stake in Italian yacht maker Ferretti up to 203.35 million euros (234.55 millions). The revised offer, which is 3.90 euros per share, values Ferretti at 1,32 billion euros.
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March 12, 2026
Ferretti, the Italian yacht manufacturer, said 'on Friday that a 'independent financial advisor has deemed KKCG - a Czech investment group -?offering to redouble its stake in Ferretti as "not attractive". Ferretti stated that the independent…
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March 12, 2026
The U.S. investment firm Biglari 'Holdings announced on 'Thursday that it had purchased a 3,4% stake in the?Ferretti -Group. KKCG, a Czech investment group, is preparing to make a partial offer for the Italian yacht manufacturer. Biglari Holdings…
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March 1, 2026
Taylor Canfield led the United States to victory in the Sydney Sail Grand Prix 'on Sunday. It was their first win since Cadiz,?October 20, 2023. Australia's Bonds Flying Roos did not make it to the?event?final for the first time. Canfield's…
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February 28, 2026
On the first day of the Sydney 'Sail -Grand Prix, the Bonds Flying Roos of Australia won two out of four races. But Diego Botin and Spain topped overnight standings after a strong showing that included two victories of their own. Australia came…
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February 24, 2026
Italian yacht manufacturer Ferretti announced a 6.7% increase in its core profit for the full year, as well as a 47% jump in orders of made-to measure?yachts. Last year, adjusted?earnings prior to interest, taxes and depreciation (EBITDA), a measure of earnings before interest…
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February 14, 2026
Australia's Bonds Flying Roos successfully defended the?Auckland SailGP championship title on Sunday - climbing to the top of?leaderboard? after two events. The Australian team, led by Tom?Slingsby overtook the reigning champions Emirates Great…
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January 20, 2026
Kuwaiti businessman Bader Nasser Al-Kharafi announced?on?Tuesday that he acquired a 3% stake in luxury yacht maker Ferretti. This comes amid efforts to reshape Ferretti's Italian shareholder base and its board. According to a press release, the deal was made through BNK Holding.
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January 19, 2026
Czech investment group 'KKCG' announced on Monday that it would make a voluntary offer of up to 182 millions?euros ($212m)?to increase its stake in Italian Yacht maker Ferretti, and also push for a management change. KKCG has made an offer that values Ferretti at 1.2bn euros…
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January 19, 2026
According to calculations, Czech investment group KKCG announced on Monday that it had launched a partial voluntary offering to double its'stake' in Italian yacht manufacturer?Ferretti. KKCG will present its own slate of candidates to the Ferretti board after the deal is completed.
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December 28, 2025
Master Lock Comanche won the Sydney to Hobart race on Sunday, after a three-way battle with supermaxis LawConnect (the winner) and HSK Scallywag100 (second). Comanche, owned by Matt Allen and James Mayo, finished the race in just two days, five hours…
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December 25, 2025
LawConnect, the defending line honours champion, took the early lead on Friday in the Sydney-Hobart yacht racing race. The fleet of 129 supermaxis pushed out from a cloudy Sydney Harbour into the choppy seas of the South Pacific. LawConnect…
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December 22, 2025
Alinghi will return for the 2027 America's Cup. Organisers of the competition confirmed on Monday that the Swiss outfit was one of at least five teams comprising a new America's Cup Partnership. Alinghi announced in April that they would cease…
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December 5, 2025
Ian Thorpe, five-time Olympic gold medalist in swimming, has announced that he will be joining the supermaxi LawConnect crew to chase a third successive victory in the Sydney Hobart Yacht Race. Thorpe, 43 years old, will debut in the Cabbage tree Island race on Friday.
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November 28, 2025
Alexia Barrier, the French skipper and seven female teammates will begin their Jules Verne Trophy quest on Saturday off the coasts of Brest. They aim to set the world's first non-stop circumnavigation time with an all-female team without any outside help.
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November 14, 2025
Ben Ainslie, a British sailing ace, expects to reveal within a few weeks who is funding his next America's Cup bid, and the team he will be bringing along for the event in Naples, Italy, scheduled for 2027. Ainslie has set himself the goal of "bringing the Cup home" from the United States…
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August 8, 2025
The Italian Sea Group shares fell up to 9.7% on Friday after the group lowered its revenue forecast for 2025 and core profit margins, citing U.S. trade policies that are protectionist and geopolitical tensions. In a recent statement, the luxury…
