Piaggio and MV Agusta/Cagiva Aiming for Merger

PONTADERA, Italy (July 27) – Piaggio Holding S.p.A. announced this week that it will take a 20% stake in the increased share capital of MV Agusta Motorcycles SpA. According to a press release dated July 24, the shareholding of Piaggio in MV Agusta will create immediate financial, industrial and commercial synergies between the two Groups.