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Image header Agence Europe
Europe Daily Bulletin No. 8833
Contents Publication in full By article 24 / 43
GENERAL NEWS / (eu) eu/competition

Green light for Piaggio - Aprilia merger

Brussels, 23/11/2004 (Agence Europe) - The European Commission has authorised the proposed acquisition of Aprilia by Piaggio, the fourth largest European moped and scooter producer. There were serious doubts that competition might be reduced with engines up to 50cc but Piaggio allayed these doubts by offering to supply its most advanced 50cc engine to all producers that express an interest. Piaggio has a market share of 10% in the EU, behind the market leaders Honda and Yamaha, both with...

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