Bajaj Auto has finalized its acquisition of a majority stake in Austrian motorcycle maker KTM AG. The Indian automaker secured final approval from European regulators for the €800-million deal. This development marks the completion of all transaction formalities. Bajaj Auto now holds a controlling stake in KTM, with significant changes to the company structures of KTM and its holding entities.
Bajaj Auto completes majority acquisition of KTM after regulatory nod
The Economy Times Industry2 hrs ago
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