MV Agusta chief executive Giovanni Castiglioni is preparing an imminent initial public share offer of up to 30 per cent of his family-owned company on the Borsa Italia in Milan, according to well-informed German financial daily Boersen-Zeitung.
The newspaper also claimed that Mercedes-Benz parent Daimler had approached MV Agusta in recent weeks, seeking to acquire a minority stake. A spokesman at Daimler’s Stuttgart HQ declined to comment on this rumour.
Castiglioni had announced a year ago that he hoped to be in a position to bring the brand to Milan’s stock market in 2015.