Audi buys Ducati
Audi AG has agreed to buy Ducati Motor Holding S.p.A. for a reported £708 million. According to the company, the transaction will be completed “as quickly as possible” once authorized by the competition authorities. Ducati is now a third pillar for Audi AG in Northern Italy alongside Lamborghini and Italdesign. The company sees the move as "another building block in its growth strategy."