Pierer Mobility shares halted after KTM restructuring plan approved
Shares in Pierer Mobility AG were halted from trading on Tuesday after being seen up 16.7% in response to the reorganization ...
EQS-News: PIERER Mobility: Back on track - KTM AG reorganization plan accepted by creditors
KTM AG, a wholly owned subsidiary of PIERER Mobility AG, filed for court restructuring proceedings with self-administration on November 29, 2024. The aim of the proceedings was to agree a ...
EQS-Adhoc: PIERER Mobility AG: Restructuring plan of KTM AG accepted by creditors
KTM AG, a wholly owned subsidiary of PIERER Mobility AG, applied for court restructuring proceedings with self-administration on November 29, 2024. The aim of the proceedings was to agree on a ...
Motorbike Maker KTM’s Lenders Take 70% Hit in Restructuring
Creditors of Austrian motorcycle maker KTM AG have approved a restructuring plan that will write off 70% of what they’re owed ...
New Atlas17h
Stop the presses – KTM lives on!
Yes, you heard that right – following a vote at the regional court in Ried im Innkreis, Upper Austria, KTM's creditors have ...
Bajaj-backed KTM’s creditors take 70% cut in debt recast
The plan involves additional financing from expanded shareholders, despite opposition from US hedge fund Whitebox Advisors.
Crash23h
Crunch verdict arrives for major creditors vote to decide KTM survival
With debts at over €2 billion, KTM’s restructuring plan vowed to pay back 30% to creditors - initially within two years, but ...
KTM bankruptcy: Bajaj Auto provides €50 million loan to Pierer Bajaj AG
Bajaj Auto Limited announced yesterday that its wholly owned Dutch subsidiary, Bajaj Auto International Holdings BV (BAIH BV) ...
Bajaj Auto’s Investment in KTM’s Parent Firm: A Takeover in the Making?
BAIH BV currently holds a 49.9% stake in Pierer Bajaj AG (PBAG), which in turn owns 74.94% of PMAG, the parent company of KTM ...