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Tata Motors to acquire Iveco in €3.8Bn deal


Tata Motors and Iveco Group have announced a definitive agreement that will see the Indian automotive major acquire the European commercial vehicle manufacturer through a recommended all-cash voluntary public tender offer. The goal is to create a commercial vehicle “global champion” with a combined presence across Europe, India, and the Americas, with a focus on sustainable and zero-emission transport. Read more…

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