September 16, 2019 / 7:34 AM / a month ago

Italian yacht maker Ferretti plans to list in Milan by end-October

MILANO, Sept 16 (Reuters) - Italy’s Ferretti plans to list on the Milan bourse by the end of October, the luxury yacht maker said on Monday, confirming what sources had told Reuters.

The group intends to sell both new and existing shares in its initial public offering, aiming to raise 100 million euros in fresh capital to fund its growth.

Reporting by Elisa Anzolin; editing by Francesca Landini

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