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September 8, 2026
Italian private equity firm Renaissance Partners announced that it has agreed to buy interiors maker De 'Wave Group, located in Genoa, from Californian investment company Platinum Equity. The deal was reported earlier on Tuesday. A source with…
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September 8, 2026
Californian investment firm, Platinum Equity, is set to sell De Wave Group to Italian counterpart Renaissance Partners, in a deal valued at around EUR400m ($465m), according to a source close to the matter. Platinum, the Beverly Hills-based firm founded by U.S.
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May 30, 2026
Los Gallos, a Spanish sailing team, won two of the three races on the Hudson River under a modified format after strong winds disrupted Saturday's opening day. High winds prevented many F50 catamarans from being launched safely, so SailGP organizers…
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May 13, 2026
Australia has entered its first 'America's Cup' team in 25 years, for the 38th edition next year of the historic sailing competition in Naples, Italy. The Royal 'Prince Edward Yacht club announced on Wednesday that it had issued a notice of?Challenge? to the defending New Zealand Yacht Squadron.
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May 10, 2026
Bonds Flying Roos from Australia won the Bermuda SailGP on Sunday. They beat Spain's Los Gallos, and Germany by Deutsche Bank to clinch their third win of the 2026 'SailGP' season. Tom Slingsby led the?Australian Team to victory in the Great…
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April 30, 2026
Ferretti's investor 'KKCG' is prepared to support the expansion of the yacht'maker,' which can be achieved through acquisitions on the 'leisure boating' market, and by developing the 'defence' business,' said the chairperson of the Czech investment firm, Thursday.
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March 12, 2026
The U.S. investment firm Biglari 'Holdings announced on 'Thursday that it had purchased a 3,4% stake in the?Ferretti -Group. KKCG, a Czech investment group, is preparing to make a partial offer for the Italian yacht manufacturer. Biglari Holdings…
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November 28, 2025
Alexia Barrier, the French skipper and seven female teammates will begin their Jules Verne Trophy quest on Saturday off the coasts of Brest. They aim to set the world's first non-stop circumnavigation time with an all-female team without any outside help.
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November 14, 2025
Ben Ainslie, a British sailing ace, expects to reveal within a few weeks who is funding his next America's Cup bid, and the team he will be bringing along for the event in Naples, Italy, scheduled for 2027. Ainslie has set himself the goal of "bringing the Cup home" from the United States…
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August 8, 2025
The Italian Sea Group shares fell up to 9.7% on Friday after the group lowered its revenue forecast for 2025 and core profit margins, citing U.S. trade policies that are protectionist and geopolitical tensions. In a recent statement, the luxury…
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June 6, 2025
SailGP teams are ready to shake off rust this weekend in New York, as the global championship returns to action following a short hiatus caused by a defect with the wingsail that forced the cancellation of the Rio event. The defect was identified…
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May 19, 2025
The majority of luxury yachts manufactured by Italy's Azimut-Benetti won't be directly affected by U.S. tariffs on imports, said its owner and chairwoman, but the wider impact of trade tensions may become problematic. Giovanna Vitell told the Financial Times Business of Luxury forum in Barcelona…
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November 13, 2024
Ferretti, the luxury Italian yacht manufacturer, reduced Wednesday its guidance for full-year adjusted core profit (EBITDA), and revenue pending confirmations of U.S. yacht orders in its "composite segment". Ferretti's "Composite Yachts" are the smallest yachts in its three product lines.
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October 30, 2024
Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks. The Paris-based investment firm CIAM announced on Tuesday that it would appeal directly to France's financial regulator AMF, urging a public offering of Vivendi stock.
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September 5, 2024
According to judicial sources, the initial examinations conducted on four of those who died when British tech tycoon Mike Lynch’s family yacht sank in Sicily last month showed that they had suffocated as the oxygen on board the vessel ran out.
