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Bajaj Auto completes majority acquisition of KTM after regulatory nodBajaj Auto has finalized its acquisition of a majority stake in Austrian motorcycle maker KTM AG. The Indian automaker secured final approv...- Bajaj Auto unit to acquire 24,000 shares in Pierer Bajaj AG for 24.32 million euroBajaj Auto's subsidiary is set to acquire a significant stake in Pierer Bajaj AG. This move involves purchasing 24,000 shares for over 24 m...
- Bajaj Auto unit gets regulatory nod in Austria to take control over Pierer Mobility AGBajaj Auto's subsidiary has received approval from the Austrian Takeover Commission. This allows for the acquisition of Pierer Mobility AG,...
- Bajaj Auto says Netherlands-based arm in talks to participate in KTM AG restructuringBajaj Auto is considering involvement in the restructuring of KTM AG. Bajaj Auto International Holdings BV is in negotiations. This follows...
- Bajaj Auto shares up 1% as Rs 5,427 crore loan aids KTM bailout ahead of key deadlineBajaj Auto shares:Bajaj Auto International Holdings BV, a fully owned subsidiary of Bajaj Auto, has entered into loan agreements totaling €...
- KTM co-owner Bajaj Auto signs €566m loan before funding deadlineBajaj Auto Ltd. has secured a €566 million loan to fund KTM AG's insolvency plan, as the motorcycle maker faced a May 23rd deadline to depo...
- Bajaj-backed KTM's creditors take 70% cut in debt recastCreditors of Austrian motorbike maker KTM AG have approved a restructuring plan that will write off 70% of the company's debt. The plan req...
- Bajaj Auto board gives nod to infuse Euro 150 million in Netherlands-based armBajaj Auto's board has approved an investment of up to Euro 150 million in its wholly-owned subsidiary Bajaj Auto International Holdings BV...
- No impact on India business with Bajaj Auto due to restructuring of holding firm: KTMThe judicial restructuring of Pierer Mobility AG will not affect Bajaj Auto's business related to KTM products in India and select export m...
- KTM boss says scope of electric mobility 'highly overrated'"The whole scope and capability of the concept of electric vehicle mobility is highly overrated. It's the result of mixing the laws of phys...
- Bajaj Auto finalizes share-swap deal with Pierer IndustriesThe management board of Pierer Mobility AG (PM AG) has resolved to execute a capital increase against contribution in kind in the total amo...
- Bajaj Auto to swap stake in KTM for a slice of parent Pierer MobilityBajaj Auto holds 48% in KTM AG through its fully-owned Netherlands-based subsidiary Bajaj Auto International Holdings. Pierer Mobility AG (...
- Bajaj Auto, Pierer Mobility to strengthen e-mobility cooperationThe two companies have decided to jointly explore zero tailpipe emissions, low maintenance, and long-lasting benefits of light electric veh...
- Bajaj Auto looking to swap stake in KTM for a share in its parentBajaj Auto and PMAG hold approximately 48 per cent and 51.7 per cent, respectively, in KTM AG Austria. Bajaj’s shareholding is through its ...
- Pierer Industrie in talks with Bajaj Auto for 48% stake in KTMAt present, Pierer Industrie AG holds approximately 62 per cent of the shares of KTM Industries AG.
- KTM aims to double India outputThe Austrian sports bike maker, which acquired Husqvarna brand a couple of years ago, expects the Swedish brand to grow big in India much l...
- Six Siemens directors to pay fraud-tied damages: FirmThe German industrial group Siemens said on Wednesday that six more former directors would pay damages in connection with a wide-ranging co...
- Siemens seeks damages from 11 ex-execsSiemens AG said on Tuesday it plans to sue two former CEOs and nine other ex-executives for alleged supervisory failings in a corruption sc...
- Siemens to seek damages from former top officialsSiemens will ask former CEO, Klaus Kleinfeld, chairman Heinrich von Pierer and nine other former officials to pay damages for failing to ha...
- Siemens' von Pierer refuses to testify: ReportFormer Siemens boss Heinrich von Pierer will not testify in the first major trial to flow out of the slush fund scandal at the German indus...
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