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Daimler's Mercedes-AMG unit to take 25 per cent stake in Italian motorbike maker MV Augusta

2014-11-01 08:54:54| Auto Dealers - Topix.net

Daimler says it is taking a 25-per cent stake in Italian motorcycle maker MV Augusta for an undisclosed amount. Daimler AG said Friday that its Mercedes-AMG subsidiary will acquire the stake as part of a long-term co-operation agreement that also will see the companies work together on marketing and sales.

Tags: unit italian cent mv

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