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Old 29th April 2008, 08:06   #1
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Default Tata looking to buy stake in MV Agusta

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Volkswagen may not be the only auto manufacturer interesting in a storied Italian motorcycle maker. Hot on the heels of its purchase of Jaguar and Land Rover, rumors are swirling that Tata may be considering purchasing a stake in MV Agusta. According to a few Indian and Italian sources, Ratan Tata, chairman of the Tata Group, is reportedly in talks with Claudio Castiglioni, the man running the show at MV Agusta.

Tata's involvement with MV Agusta could inject a unique flavor to the Indian conglomerate's portfolio, which has already been boosted by its acquisition of the two aforementioned classic British marques. A healthy injection of cash could do wonders for MV Agusta as well, considering what it has already proven capable of even in its currently meager financial position.
Source - Rumormill: Tata looking to buy stake in MV Agusta - Autoblog
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Old 29th April 2008, 10:24   #2
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so now the big question is what all are the TATA's eying at..
first JLR, then i read they are looking for stakes in pininfarina and now MV AGUSTA??
wonder what nxt..
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Old 29th April 2008, 10:28   #3
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Wasnt this the same company that Petronas of Malaysia bought and sold a few years later for a symbolic $1 (yeah, NO zeroes)?

I wonder if it would be better to open one thread for all prospective Tata purchases, including rumours. But seriously, do these guys have so much cash that they dont know what to do with it?
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Old 29th April 2008, 10:30   #4
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the old TATA-man seems to be on a roll these days!! whats with shopping spree??!!
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Old 29th April 2008, 10:59   #5
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But why would Tata buy a bike company?

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Old 29th April 2008, 11:03   #6
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Rumours tends to be falling off the skies these days. Or what does that rumormill site say about??h

I don't think TATA would be interested in 2 wheelers unless they can use the technology benefits in Nano.

OT: Just keep an eye on the SIMILAR threads at the end of this page!
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