Finance
Kuwaiti investor Al‑Kharafi buys 3% Ferretti stake
Published by Global Banking and Finance Review
Posted on January 20, 2026
1 min readLast updated: January 20, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on January 20, 2026
1 min readLast updated: January 20, 2026
Bader Al-Kharafi acquires a 3% stake in Ferretti, aiming to reshape its shareholder base amid a competing offer from KKCG.
MILAN, Jan 20 (Reuters) - Kuwaiti businessman Bader Nasser Al‑Kharafi said on Tuesday he had acquired a 3% stake in luxury yacht maker Ferretti, amid moves to reshape the Italian company's shareholder base and board.
The deal, made through his investment vehicle BNK Holding, is part of a "broader strategy to build a global portfolio focused on high‑end assets and high‑quality companies", according to a press release.
Al‑Kharafi is Chairman of Boursa Kuwait, CEO of telecoms company Zain Group and Deputy Chairman of Gulf Cables. He is also a shareholder and board member of Coca‑Cola Kuwait.
Czech investment group KKCG on Monday said it was launching a voluntary offer worth up to 182 million euros ($213.47 million) to double its stake in Italian yacht maker Ferretti and to push for boardroom changes.
($1 = 0.8526 euros)
(Reporting by Elisa Anzolin, editing by Giselda Vagnoni)
Equity represents ownership in a company, typically in the form of shares. It reflects the value of the company that is attributable to its shareholders.
Corporate governance refers to the systems, principles, and processes by which a company is directed and controlled, ensuring accountability and transparency in its operations.
An investment vehicle is a means through which investors can allocate their capital to various assets, such as stocks, bonds, or real estate, to generate returns.
A shareholder is an individual or institution that owns shares in a company, giving them a claim on part of the company's assets and earnings.
A stake in a company refers to the ownership interest held by an individual or entity, typically represented by shares, which can influence decisions and profits.
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