Audi buys an EUR 860 million worth Ducati

Discussion in 'Other Bikes' started by Remal, Apr 17, 2012.

  1. Remal

    Remal It's ME
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  2. Carl

    Carl Well-Known Member

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    What's that in percentage worth, if you know. Is it enough to take control? It will be good for European bikes !
     
  3. Remal

    Remal It's ME
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    I have no idea at all but from another forum

    12:15 17Apr12 RTRS-UPDATE 1-Audi to pay about 860 mln euros for Ducati-sources
    * Ducati's liabilities well below 200 mln euros-source
    * Analysts criticise deal as unnecessary sideshow
    * Audi, Investindustrial may withhold exact price-source

    (Adds comment from analyst, background)
    By Andreas Cremer and Jan Schwartz
    BERLIN/HAMBURG, April 17 (Reuters) - Volkswagen's
    <VOWG_p.DE> Audi premium-car division has agreed to buy Italian
    motorcycle company Ducati for about 860 million euros ($1.12
    billion) including debt, two people familiar with the matter
    told Reuters on Tuesday.
    Ducati's liabilities are well below 200 million euros, one
    of the people said. Audi has reached a pact with Ducati's main
    shareholder, Investindustrial and plans to announce the
    acquisition on Wednesday, sources told Reuters last week.
    Analysts including Arndt Ellinghorst at London-based Credit
    Suisse questioned the industrial benefit of the Ducati purchase,
    saying it was an unnecessary sideshow to VW's main challenges of
    integrating sports-car maker Porsche <PSHG_p.DE> and merging
    truck operations at MAN <MANG.DE> and Scania <SCVb.ST>.
    "The Ducati acquisition is driven by VW's passion for
    nameplates rather than industrial or financial logic," said
    Ellinghorst.
    Ducati will increase the VW group's brand portfolio to
    twelve and extend Audi's long-standing rivalry with Bayerische
    Motoren Werke <BMWG.DE> to superbikes. VW's eleven-brand entity
    already makes everything from fuel-efficient city cars to
    40-tonne trucks.
    Audi and Investindustrial may agree to withhold the exact
    purchasing price in the statement, which they plan to publish on
    the eve of VW's annual shareholders' meeting in Hamburg, one of
    the sources said.
    The people declined to be identified because the matter
    remains confidential.
    ($1 = 0.7656 euros)
     
  4. Givover

    Givover God Like

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    Rossi rides an Audi Gp Bike dreams may come true.
     
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  5. BLAGGERS

    BLAGGERS Well-Known Member

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    Four sprung duck technique.
     

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