Harley-Davidson ACQUIRES MV AGUSTA

Harley-Davidson has ended months of speculation about its intentions to make a strategic acquisition by confirming that it has bought Italian maker MV Agusta.

A statement on Harley’s website says that “Under the agreement, Harley-Davidson will acquire 100 percent of MV Agusta Group shares for total consideration of approximately 70 million euros ($109 million), which includes the satisfaction of existing bank debt for approximately 45 million euros ($70 million).”

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