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Old 23-04-2018, 06:36   #31
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Re: Bavaria Yachtbau filed for bankruptcy

A further speculative thought, maybe part of the rationalization will see Bavaria try and flog off the supposedly profitable Nautitech subsidiary. FP might be interested for the right price, the Open 46 Fly would fill a void in their product offering and give them some more production capacity.
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Old 23-04-2018, 16:41   #32
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Re: Bavaria Yachtbau filed for bankruptcy

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Taking Beneteau as the example, Beneteau family owns 54% the rest is free float (ie public) any one can buy those free float shares. The company's shares are listed on the Stutgart Exchange , you can buy a share for 18.94 Euro - so they are public companies,that is why you can get to read their financial reports and can see what the top executives are paid etc etc . You can argue about who might control them, but they are still public companies by definition. Stock | BÉNÉTEAU Stock Price Today | Markets Insider

Or public = owned by public powers (the state) so yeah same idea different definitions
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Old 23-04-2018, 17:00   #33
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Re: Bavaria Yachtbau filed for bankruptcy

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Or public = owned by public powers (the state) so yeah same idea different definitions
Well not really, the definition for free float stock is public, does not matter how you spin it. State owned is just what it says.
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Old 30-09-2018, 14:51   #34
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Re: Bavaria Yachtbau filed for bankruptcy

I see in Sailing Today a quick mention that the whole of Bavaria yachts (mono and cats) has been sold to “a private equity firm”. Be interesting to see what news comes from this, especially since the same page reports the first sale of an Oyster since its new owners took over.
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