Bajaj’s appetite for KTM stock seems to be never-ending, though slow in digestion, as the Indian company has acquired another 1.21% of the Austrian motorcycle maker. Gobbling up shares from other minority holders on the open market, Bajaj now has a 39.3% interest in KTM, while majority shareholder CROSS continues with its 50.1% stake. CROSS has made it clear it intends is to remain the majority shareholder, and has no plans of selling-out its position ...
Source: http://feedproxy.google.com/~r/AsphaltandRubber/~3/GWBB8owrZDc/
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