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, ...

Morgan Stanley, MUFG to syndicate Tata Motors' Iveco acquisition loan

Both global and local banks are considering joining the facility and the deal is expected to be completed by April 2026, ...
Wall Street Journal2d

Iveco to Sell Commercial Vehicles Unit to Tata Motors, Defense Business ...

Italian truck maker Iveco IVG -4.50% Group agreed to sell its commercial vehicles unit to Tata Motors 500570 -0.35% and its defense business to Leonardo LDO -1.40%, in deals worth 3.8 billion ...

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 ...
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), ...
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 ...