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Ducati shares to be delisted Dec 19 after buyout
MILAN Dec 12 (Reuters) - Italy's Ducati Motor Holding SpA DMH.MI are to be delisted from the Milan bourse, effective Dec. 19, after Performance Motorcycles's buyout offer closed Friday with more than 95 percent acceptance, the bourse said.
In a statement, the bourse said shares in the Ducati motorbike company will be suspended from trading on Dec. 16 to Dec. 18, while listing will be revoked from session on Dec. 19, it said.
Ducati in a statement said Performance Motorcycle, a vehicle set up by Italian private equity group Investindustrial, has obtained 96.9 percent of the shares and will meet its obligation to acquire the remaining shares.
The bid was announced in May and the bid price for Ducati shares set at 1.719 euros. Friday, Ducati closed up 0.77 percent at 1.713 euros.
(Writing by Nigel Tutt; Editing by Sharon Lindores)
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