A US hedge fund is leading a group of creditors into battle with a European automotive tycoon and one of India’s wealthiest ...
Bajaj’s board has approved the investment of Rs 1,360 crore into Bajaj Auto International Holdings BV, Netherlands.
"We are now making a pit stop for the future." With these words, Stefan Pierer declared at the end of November 2024 that KTM ...
KTM's struggle for economic survival is not stopping Stefan Pierer from expanding his corporate empire at the same time.
A crucial vote on KTM’s restructuring plan and its ultimate survival as a company looms, with the future of the brand to be known on 25 February. KTM entered into self-administration late last year as ...
Liberty already owns the Formula 1 car series, so if it does acquire MotoGP it will own the world’s two biggest motor sport ...
The loss-making division is to be streamlined or possibly sold in order to improve KTM's financial situation. This could have a profound impact on the European bicycle industry, particularly in terms ...
It is not clear whether this would make Bajaj Auto the biggest shareholder of KTM, or whether Bajaj Auto's partner promoter, Austrian businessman Stefan Pierer, will also chip in an equivalent ...
The decision for Pierer Industrie AG comes a few days ahead of an important court hearing for KTM ...