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Mediolanum Leads Italian Investors in Ferretti's Hong Kong IPO-Source Investing News

March 31, 2022
Source: usnews.com usnews.com
News Snapshot:
FILE PHOTO: A Ferretti booth sits among yachts on display at the Singapore Yacht Show on Sentosa Island April 25, 2015. Picture taken April 25, 2015. REUTERS/Edgar Su Reuters MILAN (Reuters) - Italian investors led by Milanese asset manager Banca Mediolanum bought into an Hong Kong initial public offering by luxury yacht maker Ferretti, which saw Chinese investors take the lion's share, a person with knowledge of the matter said. Mediolanum declined to comment. Braving turbulent markets and the backdrop of international sanctions against Russia that led to the seizure of the mega-yachts owned by oligarchs, Ferretti last Friday pulled...
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Tags: brand | car | cash | Chinese | copyright | development | display | Europe | finance | financial | Founder | free trade | fund | Hainan | Hong Kong | initial public offering | insurance | ipo | Israel | Italy | London | Russia | Sanctions | Singapore | sports

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