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MotoGP: €600 million Euros will be transferred to creditors in time, but the Indian manufacturer will increase its influence.
KTM has been officially pulled back from the brink, with parent firm Pierer Mobility confirming that a €600 million financing ...
Following the recent capital increase and the impending €600 million payment to creditors, which Bajaj is set to make this ...
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Motorcycle.com on MSNKTM Secures Funding To Pay Off CreditorsDebts wiped with 30% pay-out Pierer Mobility announced it has secured funding to support KTM’s restructuring plans, mere days before its deadline. The funds, totaling approximately €600 million ...
KTM’s owner, the Pierer Mobility Group, has released its preliminary figures for 2024, revealing a drop in sales, equity, and ...
Bajaj has long been a shareholder in KTM, but a $632 million loan popped up on the company's books for "investments" that ...
With all previous hurdles jumped, the last major deadline for KTM following the substantial financial difficulties is the ...
According to a preliminary financial report released April 28, the Austrian company will liquidate the remaining Husqvarna ...
Bajaj Auto is considering involvement in the restructuring of KTM AG. Bajaj Auto International Holdings BV is in negotiations ...
The one-year loan was taken by the European unit of the two-wheeler giant and reports say it would be used to fund an ...
The co-owner of the KTM AG motorcycle maker has secured a 566mil or about US$632mil one-year loan within days of a deadline ...
MotoGP: The agreed EUR 600 million will be transferred to the creditors in time, but the Indian manufacturer will increase its influence. Doubts remain about MotoGP project ...
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