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News

Tata Motors to buy Italy's Iveco

Reuters on MSN · 2d
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.
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
autoevolution · 1d
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
2d
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 ...
3d
Tata Motors’ $4.5B Iveco bid sends shares sliding: here’s why investors are wary
Tata Motors eyes $4.5B Iveco deal, triggering a 4% stock dip amid investor concerns over cost, strategy, and integration.

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