Director Quits, Demands CEO Ouster Harley-Davidson (NYSE:HOG) just made headlines for all the wrong reasons investors had hoped. A Board member Jared Dourdeville, who represents 9% shareholder H Partners, suddenly resigned after a furious fallout over CEO succession and the iconic American company’s direction. With a sharply worded letter, Dourdeville cited cultural depletion, executive turnover, […]
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KTM’s creditors accepted the company’s restructuring plan. There is a now a path to move forward and to begin full production again. The plan was accepted just days before the February 27 deadline for KTM AG’s self-administration proceedings. “I am grateful and happy today. KTM is back on track. Our employees have done everything over
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KTM has sold MV Agusta back to the Sardarov Family MV Agusta is returning to the control of the wealthy family that had previously owned the Italian brand, shortly after it had been purchased by a larger motorcycle company. If this sounds familiar, its deja vu indeed. The Castiglioni family regained full ownership of MV
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and the fortunes of PIERER Mobility AG PIERER Mobility AG: Far-reaching restructuring and additional liquidity requirement at KTM AG 12-Nov-2024 / 20:42 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS Group AG. The issuer is solely responsible
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TVS overtakes Yamaha’s Market capitalisation to become third-largest two-wheeler maker in the world. The market capitalisation (Mcap) of Chennai-based (India) TVS Motor has surged 37% to $9.2 billion over the past six months, as per Bloomberg’s data. In contrast, Yamaha Motor saw an Mcap erosion of $1.6 billion from its August highs. Only seventeen months
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Parent Company of Royal Enfield, Eicher Motors Ltd, Announces Strategic Investment In Stark Future SL The Board of Eicher Motors Ltd. (EML) has approved an equity investment of 50 million euros, and plans for collaboration with the electric motorcycle manufacturer. Milwaukee, WI (Friday, December 29, 2022) – Eicher Motors Ltd., leading Indian multinational automobile company, and
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