The article discusses the challenges faced by Pierer Mobility AG, the holding company of KTM, Bajaj Auto acquiring substantial stake would impacts its consolidated financials. Short Bajaj Auto.
What is covered in the Full Insight:
Introduction
Brief History of PIERER Mobility AG
KTM's Financial and Operational Challenges
Bajaj Auto's Role in KTM's Restructuring
Conclusion and Investment Recommendation
Boomeranged on Tue, 10 Jun 2025 09:54
Bajaj Auto International Holdings B.V. (BAIH), a wholly owned subsidiary of Bajaj Auto, has exercised its call option to acquire 26,000 shares of Pierer Bajaj AG (PBAG) from Pierer Industrie AG (PIAG) for EUR 26.34 million (~INR 257 crore at an assumed rate of EUR 1 = INR 97.60).
Upon completion of this transaction, BAIH’s stake in PBAG will increase from 49.9% to 75.9%.
SUMMARY
(Sign Up to Access)
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
Unlock research summaries
Follow top, independent analysts
Receive personalised alerts
Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.