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Bajaj Increases Stake in KTM

Published: April 2, 2012; 16:29 · (Vindobona)

The Indian Investor Rajiv Bajaj now holds a 44.3% share in the Austrian motor-cycle manufacturer.

Bajaj Increases Stake in KTM / Picture: © KTM

Rajiv Bajaj, CEO of the Indian motor-cycle producer Bajaj Auto, increases his stake in KTM. Bajaj, who is a member of KTM´s supervisory board, acquired 663,243 shares. The share price was set at € 39. So, the package has a volume of € 25.9m. This corresponds to a 6.3% share in KTM. Already before, Bajaj held 38% in KTM.

Some years ago, KTM´s CEO Stefan Pierer invited Rajiv…

This article includes a total of 149 words.

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