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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.
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
The Hindu · 2d
Tata Motors to acquire Italian CV major Iveco for ₹38,000 crore
Tata Motors acquires Iveco Group for $4.5 billion, creating a global commercial vehicle powerhouse with combined revenue of ₹2,20,000 crore.
1d
Morgan Stanley, MUFG to Syndicate Tata Motors’ Acquisition Debt
Banks underwriting a bridge loan to finance Tata Motors Ltd.’s acquisition of Iveco Group’s commercial vehicle business are ...
Opinion
2dOpinion
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 ...
2d
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 ...

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