New Delhi, May 22 -- Bajaj Auto is set to fully acquire Austrian motorcycle brand KTM through its subsidiary Bajaj Auto International Holdings BV (BAIHBV). This move aims to rescue KTM from bankruptcy and revive its global operations. Bajaj has secured 800 million (Rs 7,762 crore) in debt funding to settle KTM's debts and provide fresh capital for day-to-day operations. Bajaj Auto has already invested 200 million (Rs 1,940 crore) in KTM over the past few months. The company currently owns a 37.5% stake in KTM and is now aiming for full control. The loan amount raised by BAIHBV is part of this rescue effort. Final approval from Austrian authorities is expected by mid-June 2025, after which creditor payments and restructuring will begin.

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