Bajaj Auto Limited — JV/Acquisition, 10-11-2025: Acquisition

Bajaj Auto's wholly-owned subsidiary, BAIH, has received crucial EU Commission clearance to proceed with its acquisition of full control over Pierer Bajaj AG. This move will make BAIH the sole owner of Pierer Bajaj AG, which in turn holds a 74.9% stake in PIERER Mobility AG, the parent company of KTM. By acquiring the remaining 50.1% stake in Pierer Bajaj AG, Bajaj significantly solidifies its strategic control over a key global motorcycle brand. This regulatory green light clears the path for the deal's completion in the coming weeks, deepening Bajaj's influence and operational alignment with PIERER Mobility.