ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

DMH Bank of America

5.39
0.00 (0.00%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Bank of America NYSE:DMH NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 5.39 0.00 01:00:00

CORRECT: Volkswagen's Audi Unit Eyes Ducati Acquisition - Sources

12/03/2012 8:09pm

Dow Jones News


Ducati Motor (NYSE:DMH)
Historical Stock Chart


From Jun 2019 to Jun 2024

Click Here for more Ducati Motor Charts.

Audi AG (NSU.XE), the luxury auto manufacturer owned by Volkswagen AG's (VOW.XE), is considering the acquisition of Italian motorbike maker Ducati and could make a final decision by the end of April, two people familiar with the matter told Dow Jones Newswires on Monday.

A spokesman for Audi said the company "generally doesn't comment on speculation."

Investindustrial, the majority owner of Ducati, best known for its premium and professional racing bikes, declined to comment.

Last month, the owners of Ducati, which include BS Private Equity and Hospital of Ontario Pension Plan, confirmed that they are considering an initial public offering, or IPO, in Hong Kong for the Italian motorcycle maker in the second half of the year though they would consider a sale to a single buyer if the price was right. They expect the business to fetch up to EUR1 billion.

Volkswagen Chief Executive Martin Winterkorn earlier Monday sidestepped questions about a possible interest in buying Ducati during a press conference.

-By Christoph Rauwald, Dow Jones Newswires; +49 69 29 725 512; christoph.rauwald@dowjones.com

1 Year Ducati Motor Chart

1 Year Ducati Motor Chart

1 Month Ducati Motor Chart

1 Month Ducati Motor Chart