Bajaj Auto has approved an investment of up to â‚ą1,364 crore in KTM which filed for bankruptcy amid slowdown in sales.
Creditors of Austrian motorcycle maker KTM AG have approved a restructuring plan that will write off 70% of what they’re owed ...
The plan involves additional financing from expanded shareholders, despite opposition from US hedge fund Whitebox Advisors.
KTM’s future is finally looking positive as creditors accept the brand’s restructuring plan to mitigate the debt woes ...
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 ...
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Motorcycle on MSNKTM Sets A New Course ForwardReorganization plan still needs another €800 million KTM’s creditors have accepted the company’s restructuring plan, creating ...
The proceedings aimed to agree on a restructuring plan with the creditors within 90 days. At today’s restructuring plan ...
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 AG has successfully secured creditor approval for its restructuring plan, a critical step in its financial recovery.
After 470 redundancies were announced in the insolvency proceedings, the number of employees in the KTM Group has shrunk to 4 ...
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