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26 March, 2020 1:44 pm

Berlusconi to take over MV Agusta?

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While the rumors regarding that private equity firm KKR could be taking over Harley Davidson with a leveraged buyout continues to put a spin on the Milwaukee based company’s stock, which which jumped big 6% on Tuesday, Italy is continuing with it’s own rumors on the sale of MV Agusta.

After the rumors of a consortium of Italian entrepreneurs led by Geox’s Mario Moretti Polegato that could take over MV Augusta from Harley Davidson, the name of Paolo Berlusconi, brother of Italy’s Prime Minister, has come up as another buyer interested in buying out the Italian company who makes such high performance and expensive bikes as the Brutale and the F4.

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Berlusconi is no stranger to the two wheel world having bought out historic Garelli brand name back in 2006, which produces scooters made in China for the European market.
Sources motociclismo and hellforleather

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