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News

Tata Motors to buy Italy's Iveco

The Hindu · 1d
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.
Reuters on MSN · 2d
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 .
The Hindu BusinessLine · 1d
Tata Motors to raise €1 billion to fund Iveco buy
Tata Motors acquires Iveco Group NV for €3.8 billion, strengthening global commercial vehicle business with debt and equity funding.
7h
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, ...
RushLane
2d
Tata to Acquire Iveco Italian Truck Brand for USD 4.4 Billion (Rs 38,240 Cr)
Tata Motors is set to acquire the non-defence business of Iveco Group comprising trucks, buses and powertrains, etc.

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