What’s up people? According to Indian news site The Economic Times, KTM invited Bajaj, one of the largest manufacturers of motorcycles and scooters in the world, to raise its current stake of 30% to a controlled 90%.

Bajaj is reported to have accepted the offer, though initially it will only purchase another 21% of the shares to give it a controlling 51% stake, and will later raise its percentage holding to the full 90%.

At this stage it isn’t known how the move will affect KTM, one of the biggest off-road motorcycle manufacturers in the world.

The current partnership has seen the development of KTM’s first serious attempt at cracking the sub-500cc road bike market – a 125 learner motorcycle due to be launched later this year as well as 250cc bikes based on the same platform.

KTM is also yet to officially comment on the news.

Please check out KTM Boards for more information.

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