What will happen to Ferretti after the victory of the Chinese company Weichai?
The Ferretti shareholders’ meeting ended with the victory of the slate presented by the majority shareholder, Weichai. CEO Galassi will be replaced, while Ferrari and Domenicali have already left the company. The defeated Kkcg fund protests. But what are the Chinese group’s plans for the luxury yacht manufacturer?
Not only Bank of China: who are the “Chinese” buying Ferretti to support Weichai
Ahead of Ferretti’s shareholders’ meeting, which will decide the future of the luxury yacht builder, several Chinese entities (including Bank…
Ferretti, this is how Galassi goes to war against his Chinese shareholders.
At Ferretti’s shareholders’ meeting, there will be a clash between the two largest shareholders: the Chinese state-owned group Weichai and the Swiss-Czech fund Kkcg. CEO Galassi (if Kkcg manages to confirm him) says he wants to focus on the growth of the defense division, but the Chinese are holding back…
Ferretti: who will win between the Chinese company Weichai and the Kkcg fund?
The assembly on May 14 could prove decisive for the future of Ferretti: the Chinese group Weichai (the largest shareholder) and the Czech-Swiss fund Kkcg (which recently rose above 23%) each propose a list for the renewal of the board of directors. Are the yacht builder’s technologies relevant to national security?
All the trinkets of Ferretti for the listing on the Milan Stock Exchange
The board of directors of Ferretti, a shipbuilding company controlled by the Chinese group Weichai, has approved the listing process on the Milan Stock Exchange: it would be a dual listing, as the company is already listed on the Hong Kong Stock Exchange. All the details.
