BRIEF-Tata Motors To Acquire Iveco Group-February 2024-www.financetom.com

BRIEF-Tata Motors To Acquire Iveco Group

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BRIEF-Tata Motors To Acquire Iveco Group

Jul 30, 2025 9:30 AM

July 30 (Reuters) - Iveco Group NV ( IVCGF ):

* TATA MOTORS TO ACQUIRE IVECO GROUP

* IVECO GROUP NV ( IVCGF ) - OFFER FOR IVECO SHARES AT EUR 14.1 PER

* IVECO GROUP NV ( IVCGF ) - BOARD RECOMMENDS TATA MOTORS' ALL-CASH

OFFER

* IVECO GROUP NV ( IVCGF ) - OFFER VALUED AT ABOUT EUR 3.8 BILLION

* IVECO GROUP NV ( IVCGF ) - OFFER EXCLUDES IVECO'S DEFENCE BUSINESS

AND THE

NET PROCEEDS FROM THE DEFENCE BUSINESS SEPARATION

* IVECO GROUP NV ( IVCGF ) - OFFER VALUED AT ABOUT EUR 3.8 BILLION

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