Pierer and Bajaj Conclude Agreement Enabling Future Change of Control

Pierer and Bajaj conclude agreement enabling future change of control

PIERER Mobility AG Pierer and Bajaj conclude call option agreement enabling a future change of control Pierer Bajaj AG is the majority shareholder of PIERER Mobility AG. Pierer Industrie AG holds a 50.1% stake in Pierer Bajaj AG. The remaining 49.9% is held by Bajaj Auto International Holdings BV (“Bajaj BV”). Pierer Industrie AG today […] The post Pierer and Bajaj conclude agreement enabling future change of control appeared first on MCNews.

Pierer Industrie AG announces that it has today entered into a call option agreement with Bajaj BV, which allows Bajaj BV to acquire the shares of Pierer Industrie AG in Pierer Bajaj AG and thus indirectly control over Pierer Mobility AG by the end of May 2026. Such a change of control requires regulatory approval. Only after all regulatory approvals have been made, shares can be transferred to Bajaj BV under this call option. Until these approv…

EQS-Ad-hoc: PIERER Mobility AG / Key word(s): Strategic corporate decision PIERER Mobility AG: Pierer and Bajaj conclude call option agreement enabling a future change of control 22.05.2025 / 19:43 CET/CEST Release of inside information pursuant to Article 17 of Regulation (EU) No 596/2014, transmitted by EQS News – a service of the EQS Group. The issuer is solely responsible for the content of this announcement. the issuer is solely responsible…