KTM Enters Emergency Debt Restructuring To Avoid Bankruptcy

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Joined
Jun 4, 2018
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Italy
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Yes
KTM AG’s potentially catastrophic financial issues continue to unfold with parent company Pierer Mobility releasing a new statement, this one announcing that Europe’s largest motorcycle manufacturer will be filing for “legal restructuring proceedings with self administration” on November 29th. In this phase of what’s become a ride-or-die rodeo for CEO Stefan Pierer, who issued a […]

The post KTM Enters Emergency Debt Restructuring To Avoid Bankruptcy appeared first on ADV Pulse.

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