Shares in Pierer Mobility AG were halted from trading on Tuesday after being seen up 16.7% in response to the reorganization ...
Stefan Pierer is today resigning from the Executive Board of KTM AG. Stefan Pierer has accompanied Gottfried Neumeister as Co-CEO until the approval of the reorganization plan by the creditors of KTM ...
Will this be a retirement in installments? On January 23, it was announced that Stefan Pierer would be stepping into the ...
Creditors of Austrian motorcycle maker KTM AG have approved a restructuring plan that will write off 70% of what they’re owed ...
KTM AG, a wholly owned subsidiary of PIERER Mobility AG, filed for court restructuring proceedings with self-administration on November 29, 2024. The aim of the proceedings was to agree a ...
Multiple news outlets are reporting that KTM's creditors have approved a restructuring plan that will write off 70 percent of ...
Positive news for KTM ahead of start of the new MotoGP season in Thailand as creditors agree to the 30% cash quota ...
BAIH BV currently holds a 49.9% stake in Pierer Bajaj AG (PBAG), which in turn owns 74.94% of PMAG, the parent company of KTM ...
The plan involves additional financing from expanded shareholders, despite opposition from US hedge fund Whitebox Advisors.
KTM will resume production by mid-March 2025 for which investors will invest an additional 50 million euros.
PIERER Mobility AG, together with its subsidiaries, operates as a motorcycle producer in Europe, North America, Mexico, and internationally. It operates through Motorcycles, Bicycles, and Others ...