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Daimler Eyes Stake In MV Agusta Motorcycles: Report

Daimler is keen on securing a share in motorcycle builder MV Agusta, according to reports out of the Europe. Speaking with Reuters, an unnamed company source reportedly confirmed that talks between the pair were at an advanced stage, but no deal had ye


Daimler is keen on securing a share in motorcycle builder MV Agusta, according to reports out of the Europe.

Speaking with Reuters, an unnamed company source reportedly confirmed that talks between the pair were at an advanced stage, but no deal had yet been signed.

Daimler is said to be looking for a 20-25 percent stake in MV Agusta, with the deal to involve an investment plan to expand sales.

Currently, 20 percent of Italy-based MV Agusta’s global sales come from customers in its home country, but a deal with Daimler could include a focus on growing sales in other markets. 

The deal could go ahead as early as next week, with the Mercedes-AMG arm to represent Daimler’s side of the partnership.

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