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China’s Weichai ousts management at Italian yachtmaker

Filed: May 14, 2026 at 11:06 AM ET
Summary: Weichai won a vote to replace management at Ferretti after a board fight with another major investor.
WHO: Weichai
WHAT: Weichai ousted management at Ferretti in a vote on competing board slates.
WHEN: May 14, 2026 at 9:36 AM ET
WHERE: Italy
WHY: It was part of a vote on competing board slates between two largest investors.
ℹ️ This event is analyzed using pattern arcs, velocity indicators, and source analysis in our MI Console.

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