>>> Wally sees interest from Ferretti

Wally sees interest from Ferretti

Ferretti, the Italian luxury yacht group, is interested in Wally, an Italian peer, reported Italian-language daily Il Corriere della Sera.
The report quoted CEO Alberto Galassi as saying that negotiations have been going on for months and that the deal is very synergic with Ferretti. The deal value is in the region of EUR 25m-EUR 30m, the report said.
Ferretti, owned by Weichai [SHE:000338] of China, could close the deal by the beginning of next year.