The Audi buyout of iconic motorcycle maker Ducati we reported on last month is close to being finalised, Reuters reports. It’s understood Audi has completed its checks into the company and has found no problems.
Audi currently holds rights to exclusive talks with Ducati’s major shareholder, Investindustrial, about a possible takeover but they expire on Sunday (15 April).
Italian newspaper Corriere della Sera has already reported a deal between Audi, Volkswagen and Investindustrial will be signed next week (18 April).
Assuming all goes ahead as expected the Volkswagen Group will be keen to exploit Ducati’s expertise in high-revving lightweight engine technology. The application of such technology to cars will no doubt find its way from city cars and supercars alike, as lightweight continues its resurgence as the new black in auto making.
[Source: Reuters]
2 replies on “Ducaudi announcement imminent”
As an owner of Ducati bikes, I’m very keen to see this happen. Issues with electronics will be things of the past!
[…] As expected, Audi announced overnight they had completed a takeover of premium motorcycle manufacturer Ducati. The buyout figure hasn’t been confirmed by Audi on record, but it’s believed the sum was around €860m (AU$1.08b). […]