Bajaj Auto has approved an investment of up to ₹1,364 crore in KTM which filed for bankruptcy amid slowdown in sales.
KTM’s future is finally looking positive as creditors accept the brand’s restructuring plan to mitigate the debt woes ...
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.
Yes, you heard that right – following a vote at the regional court in Ried im Innkreis, Upper Austria, KTM's creditors have ...
A mysterious party has, in part, saved the brand. It's been months of bad news for KTM. Insolvency. Layoffs. A year's worth ...
The company only has a firm due date for 30 percent of its debt, an amount it realistically hopes can be raised with outside ...
KTM has taken a big step towards salvation following its latest meeting, with CEO Gottfried Neumeister proclaiming that "KTM ...
To help kick start production, KTM is stated to be receiving a sum of 50 million euros from what the press release calls an ...
The former largest European motorcycle brand wants to resume production, which was halted in December. This is possible as ...
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