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Sale sealed: Tata Motors to buy Iveco in €3.8bn deal
Tata Motors intends to combine Iveco Group’s commercial vehicle operations with its own, forming a new global player with annual sales of around 540,000 units and combined revenues of approximately €22 billion. The new entity will be split across Europe (50%), India (35%), and the Americas (15%), with additional positions in Asia and Africa.
The company is acquiring the commercial vehicle business of Iveco, excluding its defence business, through a voluntary tender ...
Exor ( OTCPK:EXXRF ), the investment company controlled by Italy’s Agnelli family and Iveco’s largest shareholder, has agreed ...
Tata Motors plans to raise about 1 billion euros ($1.14 billion) of equity to repay the loan funding its $4.5 billion offer ...
ROME: India’s Tata Motors has committed to maintaining Iveco’s “industrial footprint and employee communities” ...
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Tata Motors To Raise Over Rs 10,000 Crore In 18 Months To Acquire IvecoTata Motors will acquire the Iveco Group, excluding its defence business, for euro 3.8 billion (nearly Rs 38,240 crore) in a ...
Tata Motors' record $4.5 billion offer to buy Iveco's trucks and bus business will expand the commercial vehicle maker's ...
Tata Motors on Wednesday said it will acquire Italian commercial vehicle maker Iveco Group, excluding its defence business, ...
Tata Motors is closing in on a landmark $4.5 billion deal to acquire Italian truckmaker Iveco from the Agnelli family’s Exor.
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