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Iveco, Tata Motors and India

Iveco shares drop 6% after sales to India's Tata, Leonardo
Shares in Iveco dropped as much as 6% on the Milan bourse in early market trade after the Italian truck maker sold its defence business to Leonardo and the rest of the company to India's Tata Motors .
Tata Motors to raise €1 bn via equity, stake sale to fund Iveco deal
Indian commercial vehicle (CV) market leader Tata Motors plans to raise close to €1 billion through equity — either a rights issue or qualified institutional placement (QIP) — as well as monetise its stake in Tata Capital, to help repay the €3.8 billion (₹ 38,000 crore) bridge loan it will use to buy Italy’s legacy CV player, Iveco group.
Iveco Is Said to Draw Takeover Interest From India’s Tata Motors
Italian truckmaker Iveco Group NV has attracted takeover interest from India’s Tata Motors Ltd., people familiar with the matter said.
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 technologies including electrification.
India's Tata Motors to raise 1 billion euros in equity for Iveco deal
By Aditi Shah NEW DELHI (Reuters) -Tata Motors plans to raise about 1 billion euros ($1.14 billion) of equity to repay the loan funding its $4.5 billion offer to buy Iveco's trucks and bus business, the Indian automaker's chief financial officer said on Thursday.
Iveco to be sold off to JLR owner Tata
The company will maintain its Turin headquarters and says there are no plans to change any of its recent new product announcements, including the Iveco eJolly and Iveco eSuperJoll
Tata Motors Likely To Launch Iveco Products In India, Other Markets
Tata Motors will acquire Iveco S.p.A, in a deal valuing the Italy-based truck maker at 3.82 billion euros, or approximately Rs 33,360 crore.
India's Tata Motors buys Iveco for 3.8 billion
ROME, JUL 31 - India's Tata Motors has reached an agreement to buy Italian commercial-vehicles-and-buses producer Iveco for 3.8 billion euros, the two companies said on Wednesday. The deal does not include Iveco's defence division,
Defense News on MSN2d
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), ...
Tata Motors fends off investor skepticism on $4.4 billion Iveco acquisition
Following Tata Motors' $4.4 billion acquisition of Iveco, management reassured investors about potential growth and earnings ...
autoevolution1d
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 ...
Fleet News2d
Iveco acquired by Tata Motors for £3.3bn
JLR owner Tata Motors will acquire Italian truck manufacturer Iveco Group in a £3.3bn deal. Prior to the agreement, Iveco ...
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.
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, after the Italian truckmaker separately agreed to sell its defence business ...
Iveco to Sell Commercial Vehicles Unit to Tata Motors, Defense Business to Leonardo -- Update
Italian truck maker Iveco Group agreed to sell its commercial vehicles unit to Tata Motors and its defense business to Leonardo, in deals worth 3.8 billion euros ($4.39 billion) and 1.7 billion euros ...
Iveco Group: M&A Rumors Prove Why It Is A Prime Buyout Candidate (Rating Upgrade)
Iveco Group’s appeal stems from likely takeover potential amid Exor’s breakup plan, despite risks like Italy’s Golden Power ...
Moneylife2d
Tata Motors to Acquire Italy’s Iveco in Rs38,240 Crore All-Cash Deal, Its Biggest Ever Since Jaguar Land Rover Takeover
In a landmark cross-border acquisition, Tata Motors Ltd (TML) has announced that it will acquire Italian commercial vehicle ...