News

India's Tata Motors to raise 1 billion euros in equity for Iveco deal
Tata Motors plans to raise about 1 billion euros ($1.14 billion) of equity to repay the loan funding its $4.5 billion offer ...
Morgan Stanley, MUFG to syndicate Tata Motors' Iveco acquisition loan
Both global and local banks are considering joining the facility and the deal is expected to be completed by April 2026, ...
Tata Motors targets €1 billion equity raise to repay Iveco acquisition debt in four years
The company is acquiring the commercial vehicle business of Iveco, excluding its defence business, through a voluntary tender ...
Italy's Iveco to sell core trucks business to Tata Motors
India's Tata Motors will buy Iveco in a deal valued at 3.8 billion euros ($4.36 billion), the companies said on Wednesday, ...
Outlook Business1d
Tata Motors-Iveco Deal: Here’s How the Automaker Plans to Fund €3.8 Bn Acquisition Deal
Post-Iveco acquisition, the combined entity will become the world’s 4th largest truck maker by volume, a report stated.
Iveco CEO: Tata will preserve jobs, industrial base after buyout
Tata Motors will retain Iveco’s industrial base and jobs, says CEO Olof Persson, calling the acquisition a smooth integration ...
India's Tata seeks to expand revenues, access new technologies with $4.5 billion Iveco buy
Tata Motors' record $4.5 billion offer to buy Iveco's trucks and bus business will expand the commercial vehicle maker's revenues beyond India and give it access to the Italian company's future ...
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%).