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

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