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📰 Tata Motors shares in focus as firm launches tender offer for Iveco Group; values company at €3.82 billion
Tata Motors has launched a voluntary tender offer to acquire all common shares of Iveco Group for €14.1 per share in cash, valuing the Italian commercial vehicle maker at about €3.82 billion. Backed by Iveco’s largest shareholder, Exor, the deal aims to take Tata Motors’ commercial vehicle business global and could lead to Iveco’s delisting from Euronext Milan.
🔗 https://economictimes.indiatimes.com/markets/stocks/news/tata-motors-shares-in-focus-as-firm-launches-tender-offer-for-iveco-group-values-company-at-3-82-billion/articleshow/133861110.cms
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The Economic Times
Tata Motors shares in focus as firm launches tender offer for Iveco Group; values company at €3.82 billion
Tata Motors has launched a voluntary tender offer to acquire all common shares of Iveco Group for €14.1 per share in cash, valuing the Italian commercial vehicle maker at about €3.82 billion. Backed by Ivecos largest shareholder, Exor, the deal aims to take…
