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Harley-Davidson enters race to buy Italian rival Ducati: Sources

The deal could be worth up to $1.67 billion

Reuters  |  London 

The US motorcycle maker Harley-Davidson is lining up a takeover bid for Italian rival Ducati, potentially bringing together two of the most famous names in motorcycling in a deal that could be worth up to 1.5 billion euros ($1.67 billion), sources told Reuters. Indian motorcycle maker Bajaj Auto and several buyout funds are also preparing bids for Ducati, which is being put up for sale by German carmaker Volkswagen. A deal with Harley-Davidson would bring together the maker of touring bikes like the Electra Glide that are symbolic of America with a leading European maker whose ...

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First Published: Wed, June 21 2017. 22:21 IST
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