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Tata Motors to buy Italy's Iveco

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, after the Italian truckmaker separately agreed to sell its defence business to Leonardo.

Financial Times · 2d

Iveco strikes €5.5bn sale of defence and truck business to Leonardo and Tata Motors

Civil protection unit had complicated Agnelli holding company Exor’s move to diversify its portfolio away from automotive sector

Defense News on MSN · 2d

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), ending months of speculation about the future of the up-for-sale military vehicle maker.

2don MSN

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 ...

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 ...

Tata Motors Share Price Falls for 2nd Day: Is the Iveco Deal Spooking Investors?

Tata Motors will acquire Italian truckmaker Iveco for €3.8 billion ($4.3 billion) via a Dutch subsidiary, marking its largest ...

4don 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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