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BAJAJ AUTO COMPLETES ACQUISITION OF MAJORITY STAKE IN KTM
The Free Press Journal - Indore
|November 20, 2025
Bajaj Auto Ltd on Wednesday announced the completion of acquisition of a majority stake in Austrian bike maker KTM following receipt of necessary approvals from European regulators for its 800-million euro transaction.
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The company has also changed the name of Pierer Bajaj AG (PBAG) to Bajaj Auto International Holdings AG and PIERER Mobility AG (PMAG) -- the holding company of KTM AG, the shares of which are listed on SIX Swiss Exchange in Zurich and Vienna Stock Exchange -- to Ba
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