Independent journal on economy and transport policy
13:37 GMT+2
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The Italian Sea Group wins Perini Navi for 80 million euros
The operation will be financed through the availability of cash and bank credits
December 22, 2021
TISG has announced that it will finance the operation through the cash availability, reinvesting a significant share of the proceeds raised in IPO at the beginning of last June, as well as through bank credit lines.
TISG explained that the integration of Perini Navi is expected can bring a number of benefits at the group level, including the expansion of production capacity, which will make possible a doubling of order intake in the refit and the acquisition of contracts for the construction of motor yachts of 90-130 meters, and the growth in margins in refit.
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