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It looks like the eleventh-hour bailout of the famous KTM brand has worked, as the Pierer Mobility Group confirms a ...
20h
RideApart on MSNKTM Says It's Been Saved Again, Only Had a Few Days LeftKTM has been saved, says parent company Pierer Mobility AG. Or at least, it's raised the money it needs to successfully go ...
MotoGP: €600 million Euros will be transferred to creditors in time, but the Indian manufacturer will increase its influence.
Bajaj has long been a shareholder in KTM, but a $632 million loan popped up on the company's books for "investments" that ...
Indian two-wheeler manufacturer Bajaj Auto Ltd., in an exchange filing on Friday, stated that its European subsidiary-Bajaj ...
KTM has confirmed on Tuesday that it has secured the necessary funding to pay its debt quota by the end of this week. The ...
KTM has been officially pulled back from the brink, with parent firm Pierer Mobility confirming that a €600 million financing ...
11h
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 ...
Following the recent capital increase and the impending €600 million payment to creditors, which Bajaj is set to make this ...
With all previous hurdles jumped, the last major deadline for KTM following the substantial financial difficulties is the ...
KTM ceased production and asked for court-supervised self-restructuring proceedings after debts ran to nearly two billion ...
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