The KTM–Bajaj project has seen the Indian company slowly acquire more KTM stock over time, with a recent 1.
21 percent acquisition taking it to a total of 39.
3 percent ownership of KTM stock.
Majority shareholder CROSS has a 50.
1 percent stake in the company and has declared that it intends to remain the majority shareholder.
While takeover rumours have surfaced yet, strong interest from Bajaj means that we wouldn’t be surprised to see a takeover move from it in the future.
The company has continued making offers to smaller KTM shareholders and has stockpiled its share of the company in doing so.
Bajaj first purchased a 14.
5 percent share of KTM stock in 2007 and has more than doubled that since.
Being the second largest shareholder in the company has so far proved a mutually beneficial move for both companies, with plenty of collaboration occurring.
Most notably, the KTM 125 Duke was fruit of working together.
Where to from here…?
Can you believe that Prince William waited almost a decade before putting a ring on Kate Middleton's finger? But apparently, the reason behind his patience was all about giving his lady love "the best chance" possible. Talk about being a true gentleman!
The ministry announced that obtaining a possible immunity certification could also eliminate social distance.
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Following a petition by a Labour MP, Robert Milligan Statue was taken down by JCB.
The seal, nicknamed Freddie Mercury, who became popular after his numerous appearances by the Thames, has been euthanised after a dog attacked him on Sunday.
The 19-years-old is supposed to have left his home around 8.30 pm on March 22.