Ducati plans cap hike to fund Aprilia rescue bid


MILAN, July 30 (Reuters) - Bike maker Ducati plans a 40 million euro ($48.21 million) capital hike to help fund its bid to buy struggling rival Aprilia and create an Italian motorcycle giant, Ducati said on Friday. In a statement outlining plans for Aprilia and presented after two weeks of exclusive talks, Ducati said it would use the share issue to recapitalise Aprilia. Ducati, which said it would sustain loss-making Aprilia through managerial and financial support, added it would ...

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