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Bajaj Auto Limited intends to take majority control of KTM, signaling a shift from minority investor to active leader. The ...
A unit of Bajaj Auto Ltd. has picked up another loan to fund its rescue plan for KTM AG that's undergoing bankruptcy ...
Pune-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 ...
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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 ...
India’s two-wheeler major Bajaj Auto on Thursday said that it will acquire majority control of Austrian motorcycle company ...
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 ...