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Bajaj Auto Moves to Take Control of KTM, Plans Major RevampPune-headquartered two-wheeler and three-wheeler major Bajaj Auto has announced a strategic move to revive and reshape the ...
Bajaj Auto plans to take majority control of KTM with €800M funding via its Dutch arm to rescue the bike maker from financial ...
The fresh infusion of funds is largely intended to pay off KTM’s creditors and ensure the continuity of its business.
TV18’s daily newsletter featuring the top 10 stories on markets, corporate updates, economic insights, and financial ...
INDIA'S Bajaj Auto plans to take control of KTM AG as part of an 800-million euro ($906.2-million) debt package aimed at reviving the troubled Austrian motorcycle maker, it said on Thursday.
KTM has secured a new investor to allow it to go ‘full throttle into its next chapter’. Indian company Bajaj Auto have ...
Bajaj Auto is in the process of acquiring a majority stake in the Austrian bike maker KTM. The acquisition is part of a deal ...
With this move, Bajaj will transition from being a significant minority investor to the majority owner of KTM, a global ...
Out of this €800 million debt package, €200 million has already been infused into the company so far, Bajaj Auto said.
The cash injection, which landed just days ahead of the May 23 deadline, enables the Austrian manufacturer to fulfil its ...
Bajaj Auto is set to acquire a majority stake in the Austrian motorcycle maker KTM through its wholly owned subsidiary Bajaj ...
Indian motorcycle manufacturer Bajaj Auto is set to take majority control of Austrian brand KTM, injecting €800 million for ...
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