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Bajaj Takes Control of KTM in €800 Mn Deal
Hindustan Times Haryana
|May 23, 2025
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.
Denne historien er fra May 23, 2025-utgaven av Hindustan Times Haryana.
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