19 Apr 2012 839 UTC. Those years have been some of the best of Ducatis 92-year-long.
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By doing so Audi has also agreed to take on Ducatis 261 million debt.
Audi bought ducati. But why does a gigantic auto. Volkswagens Audi division said it agreed to buy Italian motorcycle maker Ducati adding a 12th brand to the German auto makers portfolio of passenger cars trucks and ultra-luxury. Audi purchased Ducati through its Italian supercar arm Lamborghini from Milan-based private-equity firm Investindustrial Advisors SpA.
Neither company has mentioned any figures but the sale is thought to have set Audi back some 860 million Euros and sees the German firm itself a subsidiary of Volkswagen taking on Ducatis debts believed to be in the region of 200 million Euros. In April 2012 Volkswagen Group s Audi subsidiary announced its intention to buy Ducati for 860 million US12 billion. Instead of Audi buying Ducati Lamborghini actually bought it.
Audi Buys Ducati for 11 Billion by Yaacov Zalel Comments It looks as if Audi bought VW Chairman Piech a present for his 75th birthday. Why Audi Bought Ducati. Audi Buys Ducati for 112 Billion But Why.
Most analysts speculate that Audis move to buy Ducati is a result of Piechs failure to do the same for half the. First it allows it to retain its Italian roots and secondly it helps push. Volkswagen chairman Ferdinand Piëch a motorcycle enthusiast had long coveted Ducati and had regretted that he passed up an opportunity to buy the company from the Italian government in 1984.
ˈfɔlksˌvaːgn known internationally as the Volkswagen Group is a German multinational automotive manufacturing corporation headquartered in Wolfsburg Lower Saxony Germany and indirectly majority owned by the Austrian Porsche and Piëch familiesIt designs manufactures and distributes passenger and commercial vehicles motorcycles engines and turbomachinery. Lamborghini and Ducati are staying in the VW Group family after the companys supervisory board voted today which also approved to move Bentley under Audis control. Audi has bought Ducati as expected in a deal which has cost the car manufacturer 708 million 860 million US1130 million plus responsibility for Ducatis liabilities thought to be around 150 million 180 million US240 million.
In the convoluted conglomerate which is the Volkswagen. AUDI has officially confirmed that it has bought Ducati from its previous owners InvestIndustrial. Disclosing a buying price of 747 million 980 million at the exchange rate at the time of sale perhaps the most interesting news in Audis report is that Ducati was actually bought by.
AUDI AG acquires sports motorcycle manufacturer Ducati Motor Holding SpA. As a sporty global premium brand Ducati is an excellent fit for Audi - Third pillar for. Chairman of the General Works Council of Audi Peter Mosch believes the purchase is a great chance to expand.
The reorganization came after. After weeks of rumors Audi has announced plans to purchase Ducati for something in the neighborhood of 112 billion. Audi buys Ducati By Kevin Ash - 25092012.
This does two things for VW Audi and Lamborghini. Audi which is part of the Volkswagen Auto Group intends. Its been six years since the Volkswagen Group bought Ducati the legendary Italian motorcycle manufacturer for around 840 million.
After weeks of rumor VW announced moments ago that it has agreed to purchase Ducati for something in the neighborhood of 112 billion through its Audi brand. - Chairman Rupert Stadler. Audi officially buys Ducati by Simona on April 18 2012 2000 After months of rumors and speculation Audi has officially confirmed the acquisition of the Ducati Motor Holding SpA.
But why does a gigantic auto. Audi which owns Ducati and Italian supercar maker Lamborghini last month reported higher operating profit and revenue for the first nine months helped by growing auto demand in the higher.
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