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Creditors approve Pierer Industrie AG restructuring plan

It has been revealed that creditors have approved Pierer Industrie AG's restructuring plan after proposals were agreed. This plan being accepted could lead to KTMs survival after debts were reported to exceed 2 billion. In addition, it was reported that around 2,500 claims have been made by its own employees. On Thursday, these plans were […] The post Creditors approve Pierer Industrie AG restructuring plan appeared first on Motorsport Week.
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