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Bajaj plans ₹7,765-cr deal for KTM takeover
Financial Express Kochi
|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.
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FLERE HISTORIER FRA Financial Express Kochi
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