FRANKFURT, Oct 21 (Reuters) - German car and truck maker Daimler is in advanced talks to take a 25 percent stake in Italian motorcycle manufacturer MV Agusta <IPO-MVAG.MI>, German daily Sueddeutsche Zeitung reported on Tuesday, citing financial sources in Milan.
Daimler will buy a 25 percent stake in MV Agusta via its AMG performance unit for around 30 million euros ($38.56 million), with an option to raise its stake in exchange for further investments, Sueddeutsche Zeitung said.
Neither MV Agusta nor Daimler was immediately available for comment.
A German newspaper had reported in July that Daimler was seeking to acquire a minority stake in MV Agusta, majority owned by Italy's Castiglioni family.
($1 = 0.7801 euro) (Reporting by Edward Taylor; Additional reporting by Danilo Masoni in MILAN)