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9638 Ferretti SpA News Story

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KKCG Maritime sweetens offer for raising stake in Italian yacht maker Ferretti

March 27 (Reuters) - Czech investment firm KKCG Maritime raised its offer for increasing its stake in Ferretti YACHT.MI, 9638.HK on Friday, valuing the Italian yacht maker at about 1.32 billion euros ($1.52 billion).

KKCG Maritime raised its offer price in the voluntary partial tender to 3.90 euros per share, from 3.50 euros previously.

($1 = 0.8668 euros)

 (Reporting by Roshan Thomas in Bengaluru; Editing by Shilpi Majumdar)

 ((Roshan.Thomas@thomsonreuters.com;))

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