Pierer Industries in talks with Bajaj Auto for 48 pc stake in KTM
"Pierer Industrie AG and Bajaj will now evaluate the proposals in detail. The transaction decision is targeted to be made in the second quarter of 2019," Bajaj Auto said in a regulatory filing
At present, Pierer Industrie AG holds approximately 62 per cent of the shares of KTM Industries AG. Photo: PTI