Ferretti Board Recommends Against KKCG Partial Offer
This is a report from the Shandong Office of Hong Kong Business Daily. Ferretti S.p.A. has recommended shareholders reject KKCG's voluntary conditional partial offer. Its Independent Financial Adviser concluded that the €3.50 per share offer is "not...
KKCG Maritime to launch a voluntary partial tender offer for Ferretti S.p.A.
Offer provides shareholders the opportunity to monetize part of their investment amid low liquidity at €3.50 per share, a significant premium to undisturbed market prices KKCG Maritime seeks to increase its stake from 14.5% to 29.9% of Ferretti's...