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?
