FilingReader Intelligence
Tata Motors to acquire Iveco Group for €3.8bn
July 30, 2025 at 04:40 PM UTC•By FilingReader AI
Tata Motors will acquire 100% of Iveco Group for €14.1 per share, totaling €3.8 billion, through a voluntary public tender offer. The acquisition, expected to close by April 2026, aims to create a global player in commercial vehicles.
Iveco Group's board and largest shareholder Exor have committed to support the offer.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Supplementary Source Documents
The Executive Committee of the Board of Directors of Tata Motors Limited, as empowered by the Board, at its meeting held today, July 30, 2025, inter alia, has approved acquisition of 100% ....July 30, 2025 at 04:25 PM UTC
Please find attached Company''s response towards the news article titled - "Tata Motors slides over 4% as talks emerge on potential $4.5 billion Iveco deal"July 30, 2025 at 06:16 PM UTC
Please find enclosed the details of conference call scheduled on July 31, 2025 and investor presentation to be made at said investor callJuly 30, 2025 at 06:12 PM UTC
BSE:TATAMOTORS•Bombay Stock Exchange
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