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Tata Motors to buy Italy's Iveco

Tata Motors to buy Italy's Iveco after defence unit disposal

India's Tata Motors will buy Iveco in a deal valued at 3.8 billion euros ($4.36 billion), the companies said on Wednesday, after the Italian truckmaker separately agreed to sell its defence business to Leonardo.

autoevolution · 2d

Tata Motors Announces $4.3 Billion Acquisition of Iveco Group

Tata Motors is set to acquire Iveco Group. After the transaction, Iveco will retain its workforce as well as its headquarters in Turin, Italy

electrive.com · 2d

Tata Motors to acquire Iveco in €3.8Bn deal

Tata Motors and Iveco Group have announced a definitive agreement that will see the Indian automotive giant acquire the European commercial vehicle

Tata Motors to raise €1 bn via equity, stake sale to fund Iveco deal

Indian commercial vehicle (CV) market leader Tata Motors plans to raise close to €1 billion through equity — either a rights ...

ET Auto3d

With Iveco in its kitty, Tata Motors set to expand global truck footprint

Tata Motors sets the stage for a major expansion in its global commercial vehicle market presence through the acquisition of ...

India's Tata seeks to expand revenues, access new technologies with $4.5 bln Iveco buy

Tata Motors' record $4.5 billion offer to buy Iveco's trucks and bus business will expand the commercial vehicle maker's revenues beyond India and give it access to the Italian company's future ...

Iveco CEO: Tata will preserve jobs, industrial base after buyout

Tata Motors will retain Iveco’s industrial base and jobs, says CEO Olof Persson, calling the acquisition a smooth integration ...

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