Thursday, December 2, 2010

Bajaj Gobbles Up Some More KTM Stock


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, ...

Wilf Billington Dick Allen Shuhei Aoyama Jean Paul Boinet Michel Frutschi

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