PIERER Mobility AG: Financing package secured for KTM restructuring

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Yesterday at 07:41

PIERER Mobility AG is set to meet a major financial milestone in its ongoing restructuring efforts, with reports indicating that the necessary funding—approximately EUR 600 million—will be supported by Indian manufacturing giant Bajaj. The financing will allow KTM AG, KTM Components GmbH, and KTM Forschungs & Entwicklungs GmbH to fulfill their approved restructuring plans on...

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