News out of Italy is that MV Agusta is courting not one, but three potential investors that would takeover Mercedes-AMG’s stake in the two-wheeled company.
As we have covered extensively already, MV Agusta is in quite the precarious financial position, with cash flow issues compounding the unhappy marriage between the Italian motorcycle-maker and the German automobile manufacturer.
MV Agusta would like to divest Mercedes from its business, but that comes with complications involving the immediate payback of debts, should Mercedes-AMG’s position in MV Agusta drops below 20%.
In order to make that divesture, MV Agusta would need not only an investor who would bring sizable amounts of cash to the table to keep MV Agusta’s business running, but one who can also cover the €15 million debt whose payment would be triggered by Mercedes-AMG’s business departure.