Tuesday, April 17, 2012

Audi Poised to Buy Ducati for €860 Million, Say Sources


It’s been long reported that Audi is interested in acquiring Ducati, and today, the word on the street is the German automaker has finalized a deal to buy the Italian motorcycle maker from owner Investindustrial SpA as early as the end of next week for approximately €860 million or US$1.13 billion.

The new comes from BusinessWeek as well as Reuters, both of which cited people familiar with the matter, though neither Audi nor Ducati have confirmed the reports.

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