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Iveco, Leonardo

Leonardo to Buy Iveco’s Defense Unit for Almost $2 Billion

Iveco Group NV agreed to sell its defense unit to Leonardo SpA for an enterprise value of €1.7 billion ($1.95 billion), in a step toward a planned breakup of the maker of commercial trucks and military vehicles.

MarketWatch · 2d

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 champion.

Bloomberg Law News · 2d

Iveco to Break Up With Sale of Company to Tata, Leonardo (1)

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).

2don MSN

Tata Motors to buy Italy's Iveco after defence unit disposal

India's Tata Motors will buy Iveco in a deal valued at 3.8 billion euros ($4.36 billion), the companies said on Wednesday, ...

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), ...

Shephard Media1d

Leonardo acquires Iveco Defence in $1.9 billion deal

Leonardo has acquired Iveco Defence, an offshoot of Italian land vehicle manufacturer Iveco, in a €1.7 billion (US$1.94 ...

autoevolution13h

Tata Motors Announces $4.3 Billion Acquisition of Iveco Group

Tata Motors is set to acquire Iveco Group. After the transaction, Iveco will retain its workforce as well as its headquarters ...

Janes1d

Leonardo to take over Iveco Defence

Leonardo and the Iveco Group announced in separate press releases on 30 July that they had signed an agreement for Leonardo ...

3don 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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