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Iveco to split up

Iveco to Break Up With Sale of Company to Tata, Leonardo

Iveco Group NV agreed to break itself up, selling its defense unit to Leonardo SpA and the rest of the Italian truck maker to Tata Motors Ltd in deals totaling about €5.5 billion ($6.3 billion).Leonardo will pay €1.

Seeking Alpha on MSN · 7h

Iveco to split up as Leonardo and Tata strike €5.5B deal

Italian vehicle maker Iveco Group (OTCPK:IVCGF) (IVCGY) will be carved up in a pair of transactions worth roughly €5.5 billion ($6.3 billion), with its defense arm set to be acquired by Leonardo (OTCPK:FINMF) (OTCPK:FINMY) and the remainder of the company going to Tata Motors.

The Financial Express · 2h

Tata Motors to buy Iveco for €3.8 billion

Tata Motors announced its largest acquisition to date, a €3.8 billion deal to buy Italy's Iveco Group's commercial vehicle division.

Tata Motors' Iveco deal promises global footprint, cleaner powertrain and a new power brand

Together, Iveco and Tata Motors' commercial vehicle business will have combined revenue of €22 billion (Rs 2.20 lakh crore) across Europe (50%), India (35%) and the Americas (15%).

15h

Tata Motors’ $4.5B Iveco bid sends shares sliding: here’s why investors are wary

Tata Motors eyes $4.5B Iveco deal, triggering a 4% stock dip amid investor concerns over cost, strategy, and integration.

1don MSN

Iveco says in advanced talks for deals on defence unit, rest of company

Italian truck maker Iveco said on Tuesday it was in "ongoing, advanced" talks with different parties for two separate deals regarding its defence business and the rest of the company.

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Iveco to split up

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