The Ducati Motor Holding Offer for the Acquisition of the Majority Stake of The Aprilia Group Remains Unchanged
03 Agosto 2004 - 9:09AM
PR Newswire (US)
The Ducati Motor Holding Offer for the Acquisition of the Majority
Stake of The Aprilia Group Remains Unchanged BOLOGNA, Italy, August
3 /PRNewswire-FirstCall/ -- Ducati Motor Holding S.p.A
(NYSE:DMHNYSE:BorsaNYSE:ItalianaNYSE:S.p.A:DMH) takes note of the
decision of the Aprilia Board of Directors, taken on July 31 2004,
not to extend the exclusivity and not to agree to the proposal,
presented by Ducati on July 30 2004 in accordance with the terms of
the sale process - aimed at guaranteeing the continued operations
of the Aprilia company for the period necessary to complete the
acquisition of the group. Ducati will not modify its offer, which
therefore remains valid. It reserves the right to protect its
interests in the appropriate ways. "We are certain that we have
respected, in the form and the substance, the process and the
procedures requested by the Aprilia advisors - commented Federico
Minoli, President and CEO of Ducati Motor Holding. We are strongly
convinced that our offer reflects the true value of the Aprilia
Group and that it offers guarantees for all stakeholders involved
in the transaction. For this reason we do not intend to modify our
offer and we will leave the possibility of further evaluation up to
the advisors. Founded in 1926, Ducati builds racing-inspired
motorcycles characterized by unique engine features, innovative
design, advanced engineering and overall technical excellence. The
Company produces motorcycles in five market segments which vary in
their technical and design features and intended customers:
Superbike, Supersport; Monster, Sport Touring and Multistrada. The
Company's motorcycles are sold in more than 60 countries worldwide,
with a primary focus in the Western European, Japan and North
American markets. Ducati has won twelve of the last fourteen World
Superbike Championship titles and more individual victories than
the competition put together. For more information about the
Company, please visit our web site at http://www.ducati.com/ This
press release contains statements that are forward-looking and are
subject to a number of risks and uncertainties that could cause
actual results to differ materially from those anticipated, as
described in documents previously filed by the Company with CONSOB
and with the U.S. Securities and Exchange Commission DATASOURCE:
Ducati Motor Holding S.p.A. CONTACT: For further information,
please contact: Francesco Rapisarda, Communications Director,
Ducati Motor Holding S.p.A., Via Cavalieri Ducati, 3, Bologna
40132, Italia Centralino:+39-051-6413111, Diretto: +39-051-6413617,
e-mail:; Fabrizio Nardi, Investor Relations, Ducati Motor Holding
S.p.A., Via Cavalieri Ducati, 3, Bologna 40132, Italia, Diretto: +
39-051 6413213, e-mail:
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