Rumor: KTM Exec Acquiring Husqvarna from BMW, for Bajaj
<em>Hell for Leather</em> is reporting that KTM CEO Stefan Pierer is finalizing a deal to acquire BMW\'s subsidiary offroad motorcycle marque, Husqvarna, via Pierer Industries AG. Pierer is part owner in KTM through shares in Cross AG, which is also backed by Indian moto giant Bajaj. It was originally thought that KTM was vying to acquire the small motor maker outright, but as more information has come in, the situation has gotten more nuanced.