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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

The Hindu BusinessLine · 2d

Tata Motors to raise €1 billion to fund Iveco buy

Tata Motors acquires Iveco Group NV for €3.8 billion, strengthening global commercial vehicle business with debt and equity funding.

3don MSN

Tata Motors To Acquire Iveco In $4.3 Billion Deal, Eyes European Expansion

Tata Motors is in the process of signing a deal to acquire Italian truck manufacturer Iveco. The deal with the Agnelli family ...

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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