News

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, ...
Tata Motors targets €1 billion equity raise to repay Iveco acquisition debt in four years
The company is acquiring the commercial vehicle business of Iveco, excluding its defence business, through a voluntary tender ...
Defense News on MSN1d
Leonardo’s buy of Iveco Defence Vehicles secures Italian armor stable
ROME — Italian defense giant Leonardo has agreed to buy Italy’s Iveco Defence Vehicles for €1.7 billion ($1.9 billion), ...
Iveco Group: M&A Rumors Prove Why It Is A Prime Buyout Candidate (Rating Upgrade)
Iveco Group’s appeal stems from likely takeover potential amid Exor’s breakup plan, despite risks like Italy’s Golden Power ...
India's Tata seeks to expand revenues, access new technologies with $4.5 billion Iveco buy
Tata Motors' record $4.5 billion offer to buy Iveco's trucks and bus business will expand the commercial vehicle maker's ...
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 ...
Moneylife1d
Tata Motors to Acquire Italy’s Iveco in Rs38,240 Crore All-Cash Deal, Its Biggest Ever Since Jaguar Land Rover Takeover
In a landmark cross-border acquisition, Tata Motors Ltd (TML) has announced that it will acquire Italian commercial vehicle ...
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 ...