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Indian motorbike maker Bajaj Auto Ltd. plans to acquire a controlling stake in cash-strapped KTM AG and has lined up a debt ...
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 ...
India's Bajaj Auto said on Thursday it intends to take control of Austria's KTM via a unit and become a majority owner.
The co-owner of the KTM AG motorcycle maker has secured a €566 million ($632 million) one-year loan within days of a deadline ...
To revive the struggling Austrian brand, Bajaj has arranged a comprehensive €800 million (approximately Rs. 7,200 crore) debt ...
Bajaj Auto is set to acquire a controlling stake in KTM for ₹7,765 crore to support its operations and debt restructuring.
On February 25, 2025, the creditors accepted the restructuring plan submitted by KTM AG. This plan provided for creditors to ...
Bajaj Auto plans to acquire majority control of KTM AG through its subsidiary, BAIHBV, with an €800 million funding plan to ...
Out of this €800 million debt package, €200 million has already been infused into the company so far, Bajaj Auto said.
Indian motorcycle manufacturer Bajaj Auto is set to take majority control of Austrian brand KTM, injecting €800 million for ...
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HT Auto on MSNBajaj Auto takes charge of rebuilding KTMBajaj Auto Limited intends to take majority control of KTM, signaling a shift from minority investor to active leader. The ...
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