Ferretti, Sanlorenzo unlikely to bid at Perini Navi auction

Perini Navi logo

The two builders say the minimum asking price is too high

The joint Newco initiative between Sanlorenzo and Ferretti Group set up to possibly buy the bankrupt Perini Navi brand has decided not to bid at the forthcoming auction for the company as they consider the base asking price of €62.5m as too high.

To continue reading, please see the IBI Plus subscription options below for accessing our Premium Content.

SUBSCRIBER-ONLY CONTENT

To continue reading, subscribe TODAY!

TRY unlimited access for just £1 / €1 / $1 per week for your first 4 weeks.

  • Then pay just £35 / €40 / $45 per month thereafter
  • Offer for new subscribers only
  • Cancel anytime

Keep reading for just £1 / €1 / $1

No commitment, canel anytime*
Offer ends 31 April 2024
* Cancel anytime during first 4 weeks after initial payment and no further payments will be taken.
Inclusive of applicable taxes (VAT)

 

   Already have a subscription?   

Sign-in to your account