Italian luxury yacht manufacturer Ferretti (HK: 9638), listed in Hong Kong, announced after the market closed on June 25th that it has obtained approval from the Borsa Italiana (Italian Stock Exchange) and has begun trading its shares on the Milan Pan-European Exchange on June 27th.
According to the previous announcement, the offer price was set at €3 per share (approximately HK$25.74), with total proceeds of approximately €265 million (approximately HK$2.27 billion). It is worth noting that the offering only includes shares held by selling shareholders, and Ferretti will not receive …
