Wednesday, December 1, 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, ...

Source: http://feedproxy.google.com/~r/AsphaltandRubber/~3/rccmjI4zbCk/

Fabio Carpani Phil Carpenter Cliff Carr

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