Bajaj Auto acquires majority stake in KTM: PMAG now becomes the sole owner by purchasing the company, 17 year old partnership converted into full ownership
New Delhi6 minutes ago copy link Bajaj Auto has now acquired complete control of Austrian bike manufacturer KTM. The company has purchased KTM’s parent company Pierer Mobility AG (PMAG). Due to which Bajaj has become the sole owner of KTM, Husqvarna and GasGas brands. The company has given information about this deal in BSE-NSE filing….