Ducati Deny Harley Merger Rumour

Posted: Mon 12 Jul 1999

Amongst rumours and speculation, Ducati have issued a press release denying that they are the subject of a merger with Harley Davidson. Chief executive Federico Minoli stated:

Neither Ducati nor its principal shareholder TPG have had any contact with Harley-Davidson concerning a possible acquisition of an interest in Ducati.
Harley Davidson have refused to comment on the rumour.
The rumour has manage to push Ducati\'s share price up by six percent. I can\'t imagine why. Ducati and Harley may both make large v-twin motorcycles, but the similarity ends there.