Luxury carmaker Audi plans to announce the acquisition of Ducati next week,the German car giant had put the bid to Andrea Bonomi, the owner of the Investindustrial, the private equity firm which controls about 70% of the legendary bike manufacturer since a takeover in 2008 and is looking to double its money.The other stake holders include Red Borgo Panigal with 20% and the bottom Canadian Hospitals of Ontario Pension Plan about 7%. Earlier many buyers were in race to buy Ducati including Hero Motocorp and Mahindra from Indian contingent but now it seems Audi has almost made it .
One of the sources said that Ducati's main shareholder, Italian buyout firm Investindustrial, agreed to talk with Audi exclusively and the buyout could be announced as early as 18th April .
Volkswagen, Audi and Investindustrial declined to comment.
A successful deal would extend Audi's long-standing rivalry with BMW to superbikes, and add expertise about high-revving light engines to VW's engineering portfolio, which ranges from cars through heavy trucks to ship engines.
This is not the first attempt that Volkswagen has made for Ducati's acquisition , in 2005 they tried to buy Ducati from Texas Pacific Group but then it was acquired by Investindustrial. The potential acquisition will make Volkswagen brand portfolio to twelve including Audi.
Ducati, founded in 1926, has won 17 manufacturer's World Championship titles over the past 60 years, most recently the 2011 World Superbike trophy.
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