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Volkswagen AG's Audi will buy Italian motorcycle maker Ducati
Volkswagen AG's Audi will buy Italian motorcycle maker Ducati

Volkswagen AG’s Audi announced Wednesday that it will purchase luxury Italian motorcycle maker Ducati. The German auto manufacturer will pay 860 million Euros, or $1.1 billion, for the Bologna-based company, which in recent years had been courted by Mercedes-Benz and India’s largest motorcycle maker, Hero MotoCorp. “Ducati is known worldwide as a premium brand among motorcycle manufacturers and has a long tradition of building sporty motorcycles,” said Rupert Stadler, chairman of the board of management of Audi AG, in a statement released Wednesday. “It has great expertise in high-performance engines and lightweight construction, and is one of the world’s...

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