Automotive News is reporting that Audi is set to lay down $1.1 billion to purchase Ducati from the motorcycle manufacturer's current owner, Investindustrial. The news comes courtesy of a source “familiar with the matter,” though neither Audi nor Investindustrial have officially commented on whether that price is accurate. As Automotive News points out, the price is around seven times what Ducati earned last year before interest, taxes and depreciation - even after subtracting any debt Ducati holds. Currently, the motorcycle maker's liabilities are less than $262.6 million.
2DayBlog.com, Audi deal to buy Ducati valued at $1.1B
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