MV Davidson - Harley Agusta

MV Davidson - Harley Agusta

Berichtdoor Rone op vr 11 jul 2008, 21:17

benieuwd welke kindjes dit zal voortbrengen ...

Harley-Davidson (HOG) Agrees to Buy MV Agusta Group for $109M
July 11, 2008

Harley-Davidson, Inc. (NYSE: HOG) today announced that it has signed a definitive agreement to purchase the Italian motorcycle maker MV Agusta Group.

Under the agreement, Harley-Davidson will acquire 100% of MV Agusta Group shares for total consideration of $109 million, which includes the satisfaction of existing bank debt for approximately $70 million.

The acquisition is expected to close in several weeks, pending the satisfaction of contingencies and receipt of regulatory approvals. Harley-Davidson intends to fund the transaction primarily through euro-denominated debt.

Harley-Davidson, Inc., through its subsidiaries, produces heavyweight motorcycles, as well as offers motorcycle parts, accessories, and related services in the United States and internationally.
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