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Tata Motors to raise €1 bn via equity, stake sale to fund Iveco deal
Indian commercial vehicle (CV) market leader Tata Motors plans to raise close to €1 billion through equity — either a rights issue or qualified institutional placement (QIP) — as well as monetise its stake in Tata Capital, to help repay the €3.8 billion (₹ 38,000 crore) bridge loan it will use to buy Italy’s legacy CV player, Iveco group.
1don MSN
Italian truck maker Iveco Group agreed to sell its commercial vehicles unit to Tata Motors and its defense business to Leonardo, in deals worth 3.8 billion euros ($4.39 billion) and 1.7 billion euros ...
Tata Motors sets the stage for a major expansion in its global commercial vehicle market presence through the acquisition of ...
Tata Motors' record $4.5 billion offer to buy Iveco's trucks and bus business will expand the commercial vehicle maker's ...
Defense News on MSN11h
Leonardo’s buy of Iveco Defence Vehicles secures Italian armor stableROME — Italian defense giant Leonardo has agreed to buy Italy’s Iveco Defence Vehicles for €1.7 billion ($1.9 billion), ...
Tata Motors is closing in on a landmark $4.5 billion deal to acquire Italian truckmaker Iveco from the Agnelli family’s Exor.
Tata Motors will retain Iveco’s industrial base and jobs, says CEO Olof Persson, calling the acquisition a smooth integration ...
Tata Motors on Wednesday said it will acquire Italian commercial vehicle maker Iveco Group, excluding its defence business, ...
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