Essayer OR - Gratuit
Bajaj plans ₹7,765-cr deal for KTM takeover
Financial Express Lucknow
|May 23, 2025
KTM AND ITS subsidiaries, KTM Components GmbH and KTM F&E GmbH, initiated a self-administrative restructuring process in November 2024, following escalating debt issues and operational challenges.
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The company's inability to meet its financial obligations had begun to impair day-to-day functions, prompting the need for urgent intervention. Bajaj Auto's financial backing now offers a lifeline, helping to stabilise operations and chart a path toward long-term recovery.
In connection with the takeover, BAIHBV intends to invoke the restructuring privilege under the Austrian Takeover Act, which provides certain legal benefits when investing in distressed companies.
Cette histoire est tirée de l'édition May 23, 2025 de Financial Express Lucknow.
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