Ducati Motor holding Company presented today l’agreement I make square for l’acquisition of the contribution of majority of the Venetian Group. If the operation will go in port will be able to return the times of gold, how remembers this photograph of Farewell on the 2t of Noale..
Ducati so succeeded to conclude on the thread of wool the negotiation in exclusive dell’purchase of the contribution of majority of the Venetian group, on the base of an agreement reached to the half of July and that expired to the end of the same month.
Now the word is at the Board of directors of Aprilia, that could decide to reunite itself already in the next few days to appraise the proposal and to decide if to accept it or except for. In the first case the procedure it will be started to arrive the signature of the agreement definitive expected for the next autumn; in case of refusal - instead - would have been reopened the games for I Flatter (and Kimco) that already had demonstrated an explicit interest verse Aprilia.
Certainty is that the situation would advise short times, to remove the group of Noale from an uncertainty that to make it holds frozen, without the possibility of to beat itself on the market how has been necessary to support the competition and not to do to erode further contributions of sale, like already the crisis happened how long was declared and it search for new partner is begun.
Federico Minoli, President and Director Delegated of Ducati Motor holding Company, so annotated the presentation of this agreement I make square: “we succeeded, although the very limited times established from the procedure, to conclude the initial phase of two diligence and to express an agreement I make square and a proposal to support the business continuance of whom extremely we are satisfied. In the course of the complex and delicate negotiation we are stuck ourselves conscientiously to the respect of the times and of the you bind of necessary reserve in an operation of this nature, strong of the solidity and of the concreteness of our industrial plan and of the goodness of the contents of our proposal for ALL of THE stakeholder. L’agreement from we proposed for the reorganization and the raising of the Group Aprilia is based on a solid industrial plan shared dall’business and from the social parts that goes across a reorganization of the debt and a recapitalization of the group".
Ducati, in its official communiqué, restored also the main elements dell’agreement, with the precise purpose of to supply a correct information and reassurance to ALL of THE stakeholder involved nell’operation. These the main points:
1) verrà initialed an agreement to support the continuance of the business management of the Group Aprilia with a financial and managerial contribution aside of Ducati, until the signature of the agreement definitive expected for the next autumn;
2) Ducati expects an increase of capital for at least 40 millions of Euro€ that will serve to the recapitalization of the Group Aprilia;
3) the Banks creditors will come timely guaranteed for the loan of new finances assigned to the Group Aprilia the past May besides receive shapes of participation all’part of conversion means upside of the debt in actions Ducati, society quoted to the bags of NY and Milan;
4) the credit of the bondholder verrà protected with shapes and methods that will emerge from the negotiation with l’assembly of the obbligazionisti;
5) to the suppliers verrà guaranteed the continuance of the management and therefore of their present incomes and futures;
6) all’present shareholder verrà recognized a not operating role consistent with its skills and to the professional prestige ripened on the market and representative of the story and of the tradition of the Group Aprilia.
Always in the same communiqué finally the intent it was confirmed of to maintain l’identity of the individual brands - that are bound to their story and to the their territory- and the respect of the present productive sites.
Now it is awaited a reply on this proposal from the Board of directors of Aprilia that could be convened in the next few days.
De har exlusiv rätt till förhandlingar. Köpet är ju inte gjort ännu.
