KTM, the Austrian motorcycle powerhouse, finds itself in choppy waters. With a staggering €2.9 billion in liabilities, insolvency proceedings are underway for its three primary divisions: KTM AG, its R&D branch, and its components arm. Now investors show interest in KTM as things progress.
Among these, KTM AG shoulders the lion’s share—€2.7 billion—making its survival critical for the company and its 2,500 creditors. The restructuring administrator, Alpenländischer Kreditorenverband Europa (AKV), has outlined a plan to repay creditors 30% of their claims within two years, but questions loom over its viability.
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