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Bajaj Takes Control of KTM in €800 Mn Deal
May 23, 2025
|Hindustan Times Navi Mumbai
Bajaj Auto Ltd is doubling down on its strategy to increase its international business as it acquired a controlling stake in the Austrian motorcycle company that sells motorcycles under the KTM brand.
NEW DELHI:
Under the transaction announced on Thursday, Bajaj will infuse €600 million into the company through debt funding, while €200 million has already been invested since FY24, taking the total amount of the deal to €800 million (₹7,778 crore).
The fresh infusion of funds is largely intended to pay off KTM's creditors and ensure the continuity of its business.
هذه القصة من طبعة May 23, 2025 من Hindustan Times Navi Mumbai.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
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