News

Iveco Is Said to Draw Takeover Interest From India’s Tata Motors
Italian truckmaker Iveco Group NV has attracted takeover interest from India’s Tata Motors Ltd., people familiar with the matter said.
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 ...
Leonardo to Buy Iveco's Defense Business for $1.96B
Leonardo agreed to buy Iveco Group's defense business, including its IDV and Astra brands, for 1.7 billion euros ($1.96 billion), in a move aimed at creating an Italy-based European land defense ...
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 ...
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 ...