Ducati plans IPO and placement

Article Abstract:

Ducati Motor Holding SpA announced that it will sell up to 66% of its equity to the public and institutional investors by way of an initial public offering (IPO), as well as an offering in the US and a private placement. The company's IPO will begin on March 22, 1999. Shares will be priced between 2.50 euros and 3.10 euros ($2.72 and $3.38). After the IPO, Ducati's shares will be sold on the New York Stock Exchange and privately.

Comment:

To sell up to 66% of its equity by way of an initial public offering

Italy, Organizational history, Securities, Ducati Motor Holding S.p.A.

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Suzuki, Kawasaki team up

Article Abstract:

Suzuki Motor Corp. and Kawasaki Heavy Industries Ltd. are joining forces to make motorcycles, splitting the development and production costs for some large motorcycles and all-terrain vehicles. The motorcycles will be sold under each company's brand name.

Brief Article

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Suzuki to team up with Kawasaki to make bikes

Article Abstract:

Suzuki Motor Corp. has formed a parternship with Kawasaki Heavy Industries Ltd. to jointly-make motorcycles. The partnership represents the most recent move toward consolidation in the Japanese motorcycle sector.

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