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Ducati - News - Hoover'sDucati board gives initial green light to takeover bid (Ducati, il consiglio approva l'Opa)
02/25/2008 01:20:01 PM EST
IL SOLE 24 ORE
The board of directors at Ducati has given preliminary approval to the full-scale takeover offer for the Italian motorbike manufacturer launched by Investindustrial and BS. Directors said the offer of 1.70 euros per share, which values Ducati at more than 550m euros, 'appeared reasonable'. However, no mention was made of the merger that is rumoured to follow the operation.
Ducati has chosen Mediobanca as its advisor for the deal.
Abstracted from Il Sole 24 Ore
"A man who views the world the same at 50 as he did at 20 has wasted 30 years of his life.”
Muhammad Ali.
Don't they do this every 5 years or so to better the business?
"I'd rather ride a slow bike fast than a fast bike slow"
Bikes: Ducati: 748 (Track) Honda: RC31 (Race/street)/ CRF 110 Mini Moto/ Hawk Endurance Racer Kawasaki: ZXR1200R
BOMO Instructor
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