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.
from Auto-Industry-Economic Times https://ift.tt/e21bRlp
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