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News out of Austria says that KTM is gearing up to pull its shares off the public stock market. The move comes from a request by Cross Industries, which is run by Stefan Pierer and is the largest shareholder of KTM’s stock, with 51.4% of the shares.

With Indian motorcycle manufacturer Bajaj owning another 48%, this means the announcement only affects roughly 0.6% of KTM’s overall stock, which is floating around on the Third Market (Dritter Markt) of the Vienna Stock Exchange.

According to KTM’s press release on the issue, Cross will offer €122.50 per share for the outstanding stock, which will then make KTM officially a privately held company.

KTM has surprised the Grand Prix world by announcing that they have built a complete Moto2 bike, together with their partner WP Suspension. The Austrian manufacturer is to give the bike its first rollout at Almeria this week, and announced the existence of the bike on Sunday.

KTM have decided to view Moto2 as part of a wider strategy in Grand Prix. After the success of their Moto3 project, and with their MotoGP project due to make its debut in 2017, having a representative in the intermediate class would provide a path for KTM to bring young talent through the ranks.

That strategy is already being played out in part the Ajo team, who run the factory Red Bull KTM project in Moto3, and run 2015 world champion Johann Zarco in Moto2. The Ajo team are the logical partners for KTM when they enter MotoGP next season.

The existence of KTM’s Moto2 project had been kept a closely guarded secret, and came as a surprise to many.

Officially official now, there isn’t much about the 2013 KTM 390 Duke that we don’t already know ahead of the opening of the EICMA show. Built in India by KTM minority shareholder Bajaj, the KTM 390 Duke is a 373cc single-cylinder bike that shares the same chassis as the KTM 125 Duke & KTM 200 Duke.

Suitable for Europe’s A2 licensing system, the largest baby Duke competes well against bikes like the Honda CBR500R and Kawasaki Ninja 300, and thus finishes out the Austrian’s bid to control the small-displacement market.