Italian private equity firm Investindustrial is stepping up its drive to acquire higher-profile targets with a bid for top motorbike maker Ducati, in the same week as it prepares to close its largest fund to date.
The buyout house is leading a consortium that offered â¬390m ($571.5m) to acquire Ducati on Tuesday. Investindustrial will hold more than two thirds of the company if the deal completes. The other members of the bid group, which already holds a 29.9% stake in Ducati, are BS Investmenti and the Hospital of Ontario Pension Plan.
