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BRIEF-Pierer Mobility Says Early Takeover Of Majority Stake In MV Agusta
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BRIEF-Pierer Mobility Says Early Takeover Of Majority Stake In MV Agusta
Mar 15, 2024 10:35 AM

March 15 (Reuters) - PIERER Mobility AG ( PIERF ):

* EARLY TAKEOVER OF MAJORITY STAKE IN MV AGUSTA

* CALL OPTION TO ACQUIRE MAJORITY STAKE IN MV AGUSTA MOTOR

S.P.A.

TO 50.1% EXERCISED PREMATURELY

* PIERER MOBILITY ( PIERF )- IN MEDIUM TERM, AN ANNUAL PRODUCTION

VOLUME OF

MORE THAN 10,000 MV AGUSTA PREMIUM MOTORCYCLES IS PLANNED AT

THE SITE IN VARESE

* PIERER MOBILITY ( PIERF )- IN ADDITION, MV AGUSTA'S PRODUCT RANGE

IS ALSO

DISTRIBUTED IN PART VIA PIERER MOBILITY'S GLOBAL SALES NETWORK.

* HUBERT TRUNKENPOLZ, IS TAKING OVER THE ROLE OF CEO AND

CHAIRMAN

OF THE BOARD OF DIRECTORS FROM TIMUR SARDAROV

Source text for Eikon:

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