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Bajaj Auto has entered a call option agreement with Pierer Group that will allow it to take a controlling stake in troubled ...
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 ...
3h
NDTV Profit on MSNBajaj Auto Eyes Full KTM Takeover With Call Option Deal, Stefan Pierer To ExitThe “call option” is aimed at buying out stakes held by Pierer Group companies in the complex holding structure for KTM. That ...
If fully exercised, this option would lead to the exit of Austrian businessman Stefan Pierer and his Pierer Group from KTM, ...
Bajaj Auto, the world's third largest motorcycle manufacturer, has gone from a partner of KTM to taking over the Austrian brand altogether. That's thanks to a €800-million (US$905-million) shot in the ...
Indian motorbike maker Bajaj Auto Ltd. plans to acquire a controlling stake in cash-strapped KTM AG and has lined up a debt ...
12h
India Today on MSNBajaj Auto to take over KTM with massive €800 million dealThe move is aimed at helping KTM recover from financial trouble and marks a major step forward for Bajaj, which has been a ...
Austrian bike maker KTM secures financial stability after Indian industry behemoth Bajaj agreed to take over control of the ...
Bajaj Auto International Holdings BV, a Dutch subsidiary of Indian conglomerate Bajaj Auto, has secured a €566 million loan.
In a bold strategic move, Bajaj Auto Ltd. has decided to take full control of its long-time Austrian partner KTM AG through a ...
To revive the struggling Austrian brand, Bajaj has arranged a comprehensive €800 million (approximately Rs. 7,200 crore) debt ...
23h
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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