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Bajaj Gobbles Up Some More KTM Stock

Joined Nov 2008
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The following article comes from Asphalt & Rubber to view the full article please visit asphaltandrubber.com.

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Bajaj must be celebrating a late Thanksgiving (we might be talking about the wrong Indians here) as the Pune-based automotive group has gobbled up some more shares of Austrian company’s stock. Strengthening the two companies’ strategic partnership, Bajaj has modestly increased its 35.67% interest in KTM, becoming a 38.08% shareholder. Also coming out of the orange brand is news that Stefan Pierer will continue on as CEO of the company through 2015, and Friedrich Roithner, ...
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