India’s Royal Enfield was rumoured to have been approached as one of the companies to possibly take over Ducati.
Ever since the major Volkswagen diesel emissions scandal in 2015, the company has hired Evercore to search for potential buyers of the big red giant motorcycle manufacturer.
The selling price could go upwards of €1.5 billion (around RM 7.1 billion).
One of the biggest brands in the history of motorcycling has sparked the interest of one Indian company, Royal Enfield. Ever since news broke out that the Volkswagen Group is planning to let go of the giant Italian bike brand, it is rumoured that Royal Enfield was one of the entities approached for the next company in line to take over the giant red Italian brand. (more…)