Bajaj Auto has approved an investment of up to ₹1,364 crore in KTM which filed for bankruptcy amid slowdown in sales.
BAIH BV currently holds a 49.9% stake in Pierer Bajaj AG (PBAG), which in turn owns 74.94% of PMAG, the parent company of KTM ...
The plan involves additional financing from expanded shareholders, despite opposition from US hedge fund Whitebox Advisors.
Bajaj is likely to invest funds in KTM but rumours also speculate saying BMW is in the process of buying out KTM.
Bajaj Auto Limited announced yesterday that its wholly owned Dutch subsidiary, Bajaj Auto International Holdings BV (BAIH BV) ...
A recent regulatory filing by Bajaj Auto reveals that it has approved the investment of funds up to 150 Million Euros (around ...
Bajaj Auto invested €150 million in Bajaj Auto International Holdings BV, which holds a 49.9% stake in KTM by way of a ...
Austrian bike maker KTM has been going through a financial crisis for the last few months. In November, the company had said ...
Adding weight to the rumours of the move on KTM by BMW is that according to oe24, Oberbank, an Austrian financial institution ...
KTM launched the new 390 Adventure range in India a few days ago, which consists of the 390 Adventure X and the more off-road ...
Bajaj Auto's investment in financial trouble-hit KTM will be in the form of equity capital, preference capital or loan.