techonology bajaj auto set to gain majority control in ktm with 800 million rescue package

Bajaj Auto Set To Gain Majority Control In Ktm With €800 Million Rescue Package

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Bajaj Auto plans to acquire majority control of KTM AG through its subsidiary, BAIHBV, with an €800 million funding plan to stabilize KTM's finances. This strategic move enhances Bajaj's global position in the premium motorcycle market and aids KTM's restructuring efforts.