Italian yacht maker Ferretti aiming for an acquisition this year
ROME, March 10 (Reuters) - Italian yacht maker Ferretti (YACHT.MI), opens new tab aims to make an acquisition this year, its Chief Executive said on Monday, without specifying whether the potential target would be a brand, a yard or another asset.
"We have three different files on the table," CEO Alberto Galassi told journalists.
The executive added that the group was considering a possible buyback.
Asked about recurring media speculation over the exit of the group's top shareholder, Chinese conglomerate Weichai, Galassi said he did not know as the issue was never discussed with them.
Weichai holds a 37.5% stake in Ferretti.
Galassi said he was also unaware of French luxury conglomerate LVMH (LVMH.PA), opens new tab being interested in becoming a shareholder in the group.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Daily Mirror
43 minutes ago
- Daily Mirror
Darwin Nunez makes Liverpool transfer exit decision after £60m offer rejected
Liverpool are keen to find a buyer for Darwin Nunez in the summer transfer window, but the Uruguay international could dictate his own future after Florian Wirtz arrives Liverpool may have to find a new buyer for Darwin Nunez, with the Uruguay international not keen on a move to Saudi Arabia at this stage in his career. Liverpool want to sell Nunez in the summer transfer window in part to help fund the club-record deal for Florian Wirtz, but face a few obstacles. The Reds are still in negotiations with Bayer Leverkusen over the structure of a deal for Wirtz. Their latest offer, submitted on Friday, consisted of £100million plus £14m in add-ons. Both sides are still confident the transfer will go through and Liverpool are looking at ways to raise funds. The sale of Nunez represents one of the best ways to do so, with the 25-year-old still having three years on his contract. He struggled for regular game time under Arne Slot last season, starting just eight Premier League games, and has hinted that he would like to leave this summer. Nunez is Liverpool's record signing, having joined from Benfica in June 2022 for £85m, made up of £64m plus add-ons, and the club are keen to recoup as much of that as possible. The Athletic reports that the club rejected an offer of €70m (£60m) from Al-Nassr in January, but have now fielded more interest from Saudi Arabia. Liverpool were reportedly contacted by Al-Hilal on Monday and would be keen to do business. However, Nunez is understood to favour staying in Europe, with a move to Spain or Italy his preference. The Uruguay international has been linked with Atletico Madrid, as well as Italian champions Napoli. It remains to be seen whether either of those clubs step up their reported interest in Nunez, who has contributed 40 goals and 26 assists in 143 games for Liverpool over the past three seasons. Earlier in the season, Slot was forced to respond to suggestions that Nunez had been benched for financial reasons, with Liverpool reportedly trying to avoid triggering a further payment to Benfica of around £4.2m. HAVE YOUR SAY! Are Liverpool right to sell Darwin Nunez? Comment below. However, the Dutchman is not oblivious to Nunez's unhappiness at sitting on the bench. 'I don't know exactly what is going to happen. One of the main strengths we had this season is that everybody accepted his role,' Slot said recently. 'And his role sometimes could be to start every single game, hardly be taken off, sometimes be taken off. It could be sometimes not starting every single game, sometimes not playing hardly minutes.' Nunez is just one of a group of players who could leave Liverpool this summer. Harvey Elliott and Kostas Tsimikas are both expected to leave in the summer transfer window, while there is some doubt over Luis Diaz, who is being targeted by Barcelona, although Liverpool don't want to sell the Colombia international. Andy Robertson has also admitted his place will come under threat if Milos Kerkez arrives in a £45m deal from Bournemouth.
Daily Record
an hour ago
- Daily Record
Global fast food brand looks set to move into Stirling's newest drive thru
ChicKing is heralded as the first fully Halal international quick service restaurant - and is now hoping to open a drive thru branch in Springkerse. A new takeaway drive thru could be heading to Stirling. Foodfixx (Stirling) Ltd holds the franchise to operate the new food restaurant brand - ChicKing. ChicKing is the first fully Halal international quick service restaurant (QSR) brand. Planning permission for the drive thru buildings, on land next to and east of 15 Borrowmeadow Road at Springkerse, was granted in December 2024. Now, however, an advertisement application submitted to Stirling Council planners shows that the unit, which has been built on the corner of Munro Road, hopes to accommodate the ChicKing brand. In documents submitted with the application, agents said: 'There are over 230 ChicKing outlets in over 30 countries globally. 'Since securing the master franchise for ChicKing in July 2024, Foodfixx Ltd has demonstrated remarkable commercial growth. It has expanded from 9 to 17 locations across England and Ireland and is moving into Scotland with this store in Stirling. 'Each new store opening creates eight-plus new jobs. The ChicKing website boasts: 'Passionately conceptualised in Dubai, United Arab Emirates, the first Chicking® outlet was established in the year 2000, and since then, our brand has grown to become extremely popular in 35+ countries with more than 300+ outlets. 'This impressive growth was achieved by understanding what families prefer. We are also a big favorite amongst individuals who are looking for a tasty alternative to formulaic fast food. 'Chicking® is proud to be one of the first fully Halal international quick-service restaurant (QSR) brands. We serve fresh, great-tasting food, using only the finest quality herbs and spices, carefully selected from around the world, to deliver exciting flavors in a modern setting. 'We currently serve more than 20,00,000 totally devoted, utterly convinced customers per month. It seems our loyal and rapidly multiplying patrons appreciate the fact that we offer an exciting and varied menu inspired by taste cultures from around the world: authentic American, mouthwatering Mexican, inspiring Indian, and irresistible Italian. 'Our innovative creations cater to a much wider audience than those traditionally targeted by most QSRs, but it is the warmth and service that brings families back for more and more. 'All food at ChicKing is made fresh to order, only fresh and not frozen chicken is used.'
Reuters
an hour ago
- Reuters
ECB's wage tracker points to 3.1% growth this year
FRANKFURT, June 11 (Reuters) - Negotiated wage growth across the 20 nation euro zone is seen at 3.1% this year, including smoothed one-off payments, in line with figures projected a month earlier, the ECB's monthly wage tracker showed on Wednesday. With unsmoothed one-off payments, the tracker pointed to 2.9% growth in 2025, the ECB said. The ECB has long argued that wage growth around 3% would be consistent with its 2% inflation target and the fresh figures support the bank's argument that it has now delivered on its target after years of overshooting.
