Tata looking to buy stake in MV Agusta

khanak · 29th April 2008, 08:06

Quote:

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

CaliforniaKnight · 29th April 2008, 10:24

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..

Steeroid · 29th April 2008, 10:28

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?

flipsyde · 29th April 2008, 10:30

the old TATA-man seems to be on a roll these days!! whats with shopping spree??!!

safari_lover · 29th April 2008, 10:59

But why would Tata buy a bike company?

speedzak · 29th April 2008, 11:03

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!

29th April 2008, 10:24	#2
CaliforniaKnight BHPian Join Date: Jun 2004 Location: IND + DXB Posts: 980 Thanked: 141 Times View My Garage	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..
	() Thanks

29th April 2008, 10:28	#3
Steeroid Senior - BHPian Join Date: Mar 2005 Location: N.A Posts: 7,046 Thanked: 2,751 Times	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?
	() Thanks

29th April 2008, 10:30	#4
flipsyde BHPian Join Date: Nov 2006 Location: Chennai Posts: 644 Thanked: 84 Times	the old TATA-man seems to be on a roll these days!! whats with shopping spree??!!
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29th April 2008, 10:59	#5
safari_lover Senior - BHPian Join Date: Feb 2007 Location: Bengaluru / Bagdal Posts: 1,135 Thanked: 685 Times	But why would Tata buy a bike company? Last edited by safari_lover : 29th April 2008 at 11:02.
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29th April 2008, 11:03	#6
speedzak BANNED Join Date: Mar 2006 Location: India Posts: 4,347 Thanked: 27 Times	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!
	() Thanks