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Rumormill: Tata looking to buy stake in MV Agusta

Joined Jun 2007
2K Posts | 0+
from autoblog:

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Volkswagen may not be the only auto manufacturer interesting in a storied Italian motorcycle maker. Hot on the heels of its purchase of Jaguar and Land Rover, rumors are swirling that Tata may be considering purchasing a stake in MV Agusta. According to a few Indian and Italian sources, Ratan Tata, chairman of the Tata Group, is reportedly in talks with Claudio Castiglioni, the man running the show at MV Agusta.

Tata's involvement with MV Agusta could inject a unique flavor to the Indian conglomerate's portfolio, which has already been boosted by its acquisition of the two aforementioned classic British marques. A healthy injection of cash could do wonders for MV Agusta as well, considering what it has already proven capable of even in its currently meager financial position.

-:banana
 
The problem with MV is that under Castiglioni they have a unique abitlity to vanish quite astounding piles of cash....his spending makes the vast sums the Rover group gobbled up look like kids pocket money! Which is a real shame as MV are my main love.....specialy the original fire engine race bikes - but you need to win the Euro lottery to afford them, the UK one isn't nearly enough!
 
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