The new CEO of KTM and the new Co-CEO of KTM (who was formerly the CEO) cut a deal with Sardarov family. MV Augusta seems like an unwanted child — just give it to us, the one in red. — Wayfarer KTM has sold MV Agusta back to the Sardarov Family MV Agusta is returning to the control of the wealthy family that had previously owned the Italian brand, shortly after it had been purchased by a larger motorcycle company. If this sounds familiar, its deja vu indeed. The Castiglioni family regained full ownership of MV Agusta from Harley-Davidson back in 2010, after the iconic American motorcycle company purchased it from the family in 2008. Fast forward to 2025 and that history repeats itself. The family Sardarov regained 100% control of MV Agusta after KTM exercised its option to gain a majority stake just a year ago. Both Pierer Mobility (KTM AG’s parent company) and MV Agusta announced the transaction on 31-January-2025. This transaction will need to go through the regular approval process, which is expected to be completed before the end of the first half of 2025. The companies have not revealed the specific terms of the transaction. It seems Pierer Mobility will be selling its 50.1% stake to Art of Mobility S.A., a company controlled by the Sardarov family for “an enterprise value in the mid double-digit million range.” In financial jargon, enterprise value is what is understood as the market value of the ownership stake plus any outstanding debt and minus cash. This means MV Agusta will be officially separated from KTM AG and its ongoing financial meltdown. MV’s time under KTM was negligible to effect any benefits to the brand or its riders. KTM AG initially acquired a 25.1% stake in November 2022 before the option to increase the stake to 50.1% was exercised in March 2024. As always, Pierer Group seemed to show a pattern of consumption beyond its means and management. —Wayfarer PRESS RELEASE FROM PIERER MOBILITY AG PIERER Mobility AG: Sale of shares in MV Agusta PIERER Mobility AG / Key word(s): DisposalPIERER Mobility AG: Sale of shares in MV Agusta 31-Jan-2025 / 18:58 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS Group.The issuer is solely responsible for the content of this announcement. Ad hoc notification pursuant to Article 17 of Regulation (EU) No 596/2014 (MAR)Ad hoc announcement pursuant to Art. 53 LR Wels, January 31, 2025 PIERER Mobility AG: Sale of shares in MV Agusta Sale of all shares in MV Agusta to the minority shareholder Art of Mobility S.A. In November 2022, KTM AG, a subsidiary of PIERER Mobility AG, acquired 25.1% of MV Agusta Motor S.p.A., based in Varese (Italy), by way of a capital increase and increased its shareholding to 50.1% in spring 2024. KTM AG has reached an agreement to sell its majority stake in MV Agusta to the minority shareholder Art of Mobility S.A. for an enterprise value in the mid double-digit million range. The transaction is subject to the approval or non-prohibition of committees and authorities. The transaction is expected to be finalized in the first half of 2025. https://www.pierermobility.com/en/newsroom/eqsfeed/2930653 The Dragster is MV Agusta’s most impudent, irreverent model. It has that wild, untamed allure that instantly bewitches any bike lover and makes it a lifestyle statement in its own right. The post MV Augusta escapes KTM $debtstorm appeared first on Bikernet Blog - Online Biker Magazine.

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Westerners live in an age of relative freedom when it comes to the films we can enjoy. U.S. and UK censors are more forgiving than they used to be, and horrific, graphic, and downright lewd films that would previously have been banned from even the roughest fleapit make it into mainstream cinemas. https://web.archive.org/web/20200924204745/https://www.bbfc.co.uk/education-resources/education-news/video-nasties The UK’s […] The post 10 Films That Are Still Banned in the UK appeared first on Listverse.

Welcome to r/OpenMindScience, a new subreddit that features everything from peer-reviewed research to emerging theories and unconventional ideas. Explore science, technology, consciousness, the UAP phenomenon, and other mysteries of the Universe. Engage with both mainstream and alternative perspectives in the pursuit of deeper understanding of life as we know it. If you believe science thrives on open minds and bold questions, this is the community for you. Subscribe now to r/OpenMindScience! The post Join Our Reddit r/OpenMindScience appeared first on Anomalien.com.

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Anti-gun activist David Hogg was elected Vice Chair of the Democratic National Committee Saturday night. You'll recall that Hogg rose to fame campaigning against gun rights in the wake of the 2018 Parkland…