Ferretti Group S.p.A. has begun trading on the Milan Euronext Exchange marking the "first and only Group in the world to achieve this double listing in Asia and Europe", according to CEO Alberto Galassi.
Ferretti Group is currently listed on the Hong Kong Stock Exchange following last year's IPO, which was valued at €890,000,000. With the addition of the Italian Stock Exchange, the company's market capitalisation as of the first day of trading will be equal to an estimated €1 billion.
To continue reading... you need to register...
Register for FREE unlimited access to all BOATPro News content
Gain FREE access to industry analysis, interviews with marine industry leaders and all the latest news as it happens.