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India's Tata Motors to raise 1 billion euros in equity

India's Tata Motors to raise 1 billion euros in equity for Iveco deal

By Aditi Shah NEW DELHI (Reuters) -Tata Motors plans to raise about 1 billion euros ($1.14 billion) of equity to repay the loan funding its $4.5 billion offer to buy Iveco's trucks and bus business, the Indian automaker's chief financial officer said on Thursday.

Outlook Business · 17h

Tata Motors-Iveco Deal: Here’s How the Automaker Plans to Fund €3.8 Bn Acquisition Deal

Post-Iveco acquisition, the combined entity will become the world’s 4th largest truck maker by volume, a report stated.

autoevolution · 16h

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

14h

Morgan Stanley, MUFG to Syndicate Tata Motors’ Acquisition Debt

Banks underwriting a bridge loan to finance Tata Motors Ltd.’s acquisition of Iveco Group’s commercial vehicle business are ...

ET Auto1d

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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