Creditors of Austrian motorcycle maker KTM AG have approved a restructuring plan that will write off 70% of what they’re owed ...
Bajaj Auto has approved an investment of up to ₹1,364 crore in KTM which filed for bankruptcy amid slowdown in sales.
The plan involves additional financing from expanded shareholders, despite opposition from US hedge fund Whitebox Advisors.
Yes, you heard that right – following a vote at the regional court in Ried im Innkreis, Upper Austria, KTM's creditors have ...
With debts at over €2 billion, KTM’s restructuring plan vowed to pay back 30% to creditors - initially within two years, but ...
A US hedge fund is leading a group of creditors into battle with a European automotive tycoon and one of India’s wealthiest ...
KTM's struggle for economic survival is not stopping Stefan Pierer from expanding his corporate empire at the same time.
The former largest European motorcycle brand wants to resume production, which was halted in December. This is possible as ...
Bajaj’s board has approved the investment of Rs 1,360 crore into Bajaj Auto International Holdings BV, Netherlands.
Bonds and promissory note loans are to be repaid in full, only later - this is the restructuring plan of Pierer Industrie AG, ...