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Monday, August 1, 2011
Analyst Report: Bajaj May Take a 49% Stake in KTM
Bajaj Auto has an insatiable appetite for KTM, and the Indian company has slowly been gobbling up KTM stock, and now is just under a 40% shareholder in the Austrian motorcycle company. With�Cross Industries AG holding 51% of the company in its control, the Austrians have made it clear that they will not give up majority control of KTM, especially to the Indian automotive company. However, analysts are predicting Bajaj could take its partnership with ...
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