motoring bajaj auto to acquire controlling stake in ktm in 800 million deal

Bajaj Auto To Acquire Controlling Stake In Ktm In 800 Million Deal

19hrs 8mins   👁 1

Bajaj Auto is set to acquire a controlling stake in KTM for 800 million, transitioning from a minority investor to the majority stakeholder. This move aims to revive KTM's operations, which entered court-supervised restructuring in November 2024 due to liquidity issues.