Daimler interested in MV Agusta?

[Kwacky]

http://www.motorauthority.com/news/1071 ... sta-report" onclick="window.open(this.href);return false;


Daimler may end up buying a stake in Italian motorcycle manufacturer MV Agusta in an attempt to rival BMW and Audi with their respective Motorrad and Ducati bike divisions. At the same time, MV Agusta is said to be looking for a partner to help grow its sales in new markets.

German daily Sueddeutsche Zeitung first reported that Daimler is seeking to buy 25 percent of MV Agusta through Mercedes-AMG for 30 million euros (approximately $39 million), with an option to increase the stake for further investments. An insider has since confirmed to Reuters that talks between the two firms are taking place but that no deal has been reached yet.

[Blade]

Would be good for MV to have some stability and financial backing. They have introduced some potentially great bikes over recent years but apparently all the reports say the bikes are not quite finished which is probably due to limited budget for r&d.

[D6]

Who are Daimler?

[Kwacky]

What industry do you work in?

They own Mercedes-Benz.

[D6]

motorbike