The Business Times
business-time-50
SUBSCRIBERS

Daimler to buy 25% stake in Italy's MV Agusta

google-preferred-sourceAdd BT as a preferred source
Published Fri, Oct 31, 2014 · 11:28 AM

    [FRANKFURT] German cars and trucks maker Daimler on Friday said it will buy a 25 per cent stake in Italian motorcycle manufacturer MV Agusta as part of a long-term cooperation deal.

    Daimler said it will buy the stake via its AMG performance cars unit and take a seat on the board of directors at MV Agusta.

    Daimler did not disclose the financial terms of the deal.

    DaimlerMercedes-BenzMotoring

    TRENDING NOW

    The CSRC is leading the effort, along with the National Financial Regulatory Administration, which handles consumer protection and supervises banks.

    Why China is tightening controls on overseas stock trading

    US President Donald Trump with President Xi Jinping after a visit to Zhongnanhai Garden in Beijing, on May 15.

    Xi Jinping has just rewritten the rules of US-China rivalry

    Always one to walk the talk, DBS CEO Tan Su Shan has her personal AI agent that checks and serves up to her the latest news on banking.

    ‘Even a CEO’s job can be replaced by AI’: DBS CEO Tan Su Shan bets big on agentic AI

    Set up by Nichol Ng and her brother, FoodXervices traces its roots to 1934 with the business their grandfather started.

    ‘Whole deck of cards just toppled’: FoodXervices’ Nichol Ng on how a 92-year-old family business unravelled – and what’s next

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More