03-09-2012, 05:21 AM
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#7
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Trip's Assistant
Join Date: Feb 2008
Location: Imported from Detroit
Moto: 2009 HD Street Classic
Posts: 12,149
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Here's what I heard...
Quote:
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Hero MotoCorp To Buy Ducati? The Indian motorcycle and scooter manufacturer is in talks with several banks on raising funds for a potential acquisition of the Italian motorcycle maker Ducati Holding SpA. Private equity firm Investindustrial Holdings SpA, is looking to sell Ducati, and expects €1 billion ($1.32 billion) or 3 times its initial investment, the Financial Times had this month reported. Since last year Honda Motor Co. is no more part of a joint venture that prevented Hero MotoCorp, formerly known as Hero Honda Motors Ltd., from aggressively tapping overseas markets. Two weeks ago Hero entered into a partnership with Erik Buell Racing, where Hero would sponsor two EBR teams in the AMA Pro Racing National Guard Superbike Championship in return for technology and design support for future models.
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__________________
-Chris
"Why pay somebody else to fuck up your bike?" 
Run Amsoil Product
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