China’s Weichai Rejects KKCG Offer for Yacht Maker Ferretti
Ferretti SpA’s largest shareholder, China’s Weichai Group, rejected a partial bid for the yacht maker by its second-largest owner, setting up a showdown at the Italian company’s annual meeting.
By Daniele Lepido · Bloomberg Markets
Ferretti SpA’s largest shareholder, China’s Weichai Group, rejected a partial bid for the yacht maker by its second-largest owner, setting up a showdown at the Italian company’s annual meeting.