Bajaj Auto Increases Stake in KTM Through $906M Debt Acquisition – Telematics Wire
7 Articles
7 Articles
Bajaj Auto increases stake in KTM through $906M debt acquisition – Telematics Wire
News, 23 May 2025 Bajaj Auto intends to assume control of KTM AG through an €800 million ($906.2 million) debt arrangement for the financially challenged Austrian motorcycle manufacturer, according to a statement released on Thursday. Bajaj, will become a strategic leader in KTM after previously being a passive minority stakeholder since 2007. KTM AG, which designs and markets motorcycles under the KTM and Husqvarna brands to roughly 80 countrie…


KTM Recovery Plans Confirmed
The regional court Ried im Innkreis confirmed on Friday the restructuring plans of KTM AG and its subsidiaries, KTM announced on Friday evening. Previously, the Indian co-owner Bajaj had transferred 525 million euros for the 30 percent creditor ratio to the trust account of the insolvency administrator Peter Vogl, the daily newspaper "Oberösterreichische Nachrichten" online. If there is no recursion within two weeks, the restructuring process is…
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