Bajaj Auto has approved an investment of up to ₹1,364 crore in KTM which filed for bankruptcy amid slowdown in sales.
KTM receives creditor approval for debt restructuring,with Bajaj Auto providing €50M support. Company must secure €548M by May 23 to complete revival plan.
KTM’s future is finally looking positive as creditors accept the brand’s restructuring plan to mitigate the debt woes ...
The plan involves additional financing from expanded shareholders, despite opposition from US hedge fund Whitebox Advisors.
Cash Quota of 30%, Payable by May 23, 2025 Further Fresh Capital of Around EUR 800 Million Required Production Will be Ramped up Again From Mid-March 2025 WELS, Austria - February 25, 2025 ...
The proceedings aimed to agree on a restructuring plan with the creditors within 90 days. At today’s restructuring plan ...
KTM AG has successfully secured creditor approval for its restructuring plan, a critical step in its financial recovery.
Yes, you heard that right – following a vote at the regional court in Ried im Innkreis, Upper Austria, KTM's creditors have ...
To help kick start production, KTM is stated to be receiving a sum of 50 million euros from what the press release calls an ...
MotoGP: “It wasn't only about developing our MotoGP package but also about having enough parts for the season.” Gottfried ...
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