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Allied Marine sells Ferretti megayacht Cristina G III

Acting on a tip-off, I call Eric Frank at Allied Marine, the listing agent for Ferretti's 25.3m motor yacht Cristina G III, and he tells me that the luxury yacht's now been sold in an in-house deal, with Paul St Germain introducing the buyer.

Built by the Italian yard in 2007, Cristina G III sleeps up to nine guests in four staterooms and was on the market at $3.9 million.

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