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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 .

Financial Times · 3d

Iveco strikes €5.5bn sale of defence and truck business to Leonardo and Tata Motors

Civil protection unit had complicated Agnelli holding company Exor’s move to diversify its portfolio away from automotive sector

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

Bigger than Jaguar Land Rover acquisition, Tata Motors to take over Italian auto giant Iveco

Tata Motors is closing in on a landmark $4.5 billion deal to acquire Italian truckmaker Iveco from the Agnelli family’s Exor.

15d

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 ...

15don MSN

Exclusive: Agnellis in talks over Iveco sale, Tata Motors has made approach, sources say

Italy's Agnelli family is in talks over the possible sale of truck maker Iveco , three sources told Reuters, with two mentioning Tata Motors as a potential buyer.

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