KTM's insolvency administrator puts shares of MV Agusta on sale

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An insolvency administrator has put KTM's shares in MV Agusta up for sale, as the Austrian auto giant continues to reel in from a financial crisis.
KTM's parent company Pierer Mobility AG had acquired a 25.1 per cent stake in MV Agusta in November 2022, before taking over the majority of the company in March of this year.
Now, its entire 50.1% stake in the Italian motorcycle company is being ...Keep reading