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Tata Motors to buy Italy's Iveco

Iveco to Break Up With Sale of Company to Tata, Leonardo

Iveco Group NV agreed to break itself up, selling its defense unit to Leonardo SpA and the rest of the Italian truck maker to Tata Motors Ltd in deals totaling about €5.5 billion ($6.3 billion).

autoevolution · 3d

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

NDTV on MSN · 4d

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 (the main shareholder of the brand) will involve a transaction of 3.8 billion euros (around $4.

1hon MSN

Iveco has closely coordinated Tata, Leonardo deals with Italian government

Iveco has closely coordinated with the Italian government deals to sell its truck business to Tata Motors and its defence ...

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 ...

Tata Motors' Iveco deal promises global footprint, cleaner powertrain and a new power brand

Together, Iveco and Tata Motors' commercial vehicle business will have combined revenue of €22 billion (Rs 2.20 lakh crore) across Europe (50%), India (35%) and the Americas (15%).

3dOpinion

Tata's Iveco deal heeds lessons of its M&A past

The Indian conglomerate's truck unit will buy the Italian group's faster growing vehicle business for $4.3 bln. It gains ...

NewsBytes5d

Shares of Tata Motors down 4% today: What's the reason?

Tata Motors' shares fell by 4% as investors evaluated the implications of the company's impending $4.5 billion acquisition of ...

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