Pune: Bajaj Auto Ltd is set to acquire a controlling stake in Austria-based KTM, marking a pivotal shift in its long-standing partnership with the iconic European motorcycle brand. The acquisition will be carried out through Bajajs Netherlands-based subsidiary, Bajaj Auto International Holdings BV (BAIHBV), subject to regulatory approvals. With this move, Bajaj will transition from being a significant minority investor to the majority owner of KTM, a global leader in premium off-road and st
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