Daimler buys 25% of MV Agusta

(ANSA) - Berlin, October 31 - German auto giant Daimler said Friday it was buying 25% of Italian motorcycle maker MV Agusta in a new "strategic partnership. The acquisition is part of a long-term cooperation deal which gives the German car and truck maker access to lightweight three-cylinder engines. Daimler will buy the stake via its AMG performance cars unit and will take a seat on the board of directors at MV Agusta. Daimler did not disclose the financial terms of the deal.