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Seems like the situation for KTM may be worse than originally suggested and a bit more than just a bit of voluntary restructuring - rather than €500 million deficit it is now being reported today as €2.9 billion owed to 2500 creditors, along with in excess of 100,000 unsold bikes in stock. Suggestions of an injection of around €1 billion required by March to keep afloat, with workers not being paid November's wages.
Nigel B.
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