Italy's Ferretti plans to bring on board a European private investor after ...
FILE PHOTO: An employee works on a yacht at the Ferretti's shipyard in Sarnico, northern Italy, April 7, 2015. REUTERS/Stefano Rellandini/File Photo
Ferretti said it had decided to call off its initial public offering on the Milan stock exchange because it could not get the right pricing, confirming what a source had earlier told Reuters. Later on Thursday Italian professional audio equipment maker RCF said it too had put its plans to list in Milan on hold, citing adverse conditions on primary markets at home and abroad.
Recent failed attempts include Kazakh fintech Kaspi.kz’s KSPI.KZ planned float in London, Germany’s Domicil Real Estate AG and KKR’s pulling of Latitude in Australia.
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