Breaking news: PIERER Mobility has appointed Citi Group to handle the re-org:
PIERER Mobility AG appoints Citigroup Global Markets Europe AG to reorganize its ownership structure: PIERER Mobility AG currently in talks with potential strategic and financial investors. These include both existing partners as well as new strategic and financial investors. The objective of the investment process is to have investors subscribe to a necessary cash capital increase or financial instruments of PIERER Mobility AG. These funds will be used to strengthen the PIERER Mobility Group, in particular KTM AG. https://lnkd.in/eqEc_Hsj Now more than ever. Never not #ReadyToRace. #Pierer #KTM