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An announcement from PIERER Mobility AG ( (CH:PKTM) ) is now available.
PIERER Mobility AG has announced that the Austrian Takeover Commission has confirmed a restructuring privilege for Bajaj Auto International Holdings B.V.’s acquisition of control over the company. This decision means Bajaj Auto is not required to make a mandatory takeover offer to PIERER Mobility AG’s shareholders, which could significantly impact the company’s operational control and strategic direction.
The most recent analyst rating on (CH:PKTM) stock is a Hold with a CHF28.00 price target. To see the full list of analyst forecasts on PIERER Mobility AG stock, see the CH:PKTM Stock Forecast page.
More about PIERER Mobility AG
PIERER Mobility AG operates in the mobility industry, focusing on the production and distribution of motorcycles and other related products. The company is known for its market presence in Europe and has a strategic partnership with Bajaj Auto International Holdings B.V.
Average Trading Volume: 5,966
Technical Sentiment Signal: Strong Sell
Current Market Cap: CHF440.7M
Find detailed analytics on PKTM stock on TipRanks’ Stock Analysis page.