Tata Motors increased its provisional shareholding in Iveco Group to 96.29%.

Tata Motors increased its provisional shareholding in Iveco Group to 96.29%.

Tata Motors increased its shareholding in Iveco Group to 96.29 per cent following the provisional results of the reopened tender offer.

Tata Motors completed the initial settlement of its acquisition of Italian commercial vehicle maker Iveco Group, securing an 89.42% stake.

Tata Motors has completed the initial settlement of its tender offer for Italian commercial vehicle maker Iveco Group, securing an 89.42% stake and bringing the company into its fold.

Tata Motors announced the completion of the initial settlement of its tender offer for Iveco Group, acquiring an 89.42 per cent stake.

Tata Motors took control of Italian commercial-vehicle maker Iveco on Friday, acquiring an 89.42 per cent stake for approximately €3.43 billion (₹36,387 crore) after settling its cash tender offer.

Tata Motors completes Iveco share buyout.

Tata Motors' subsidiary TML CV Holdings B.V. secured acceptances for 89.42% of Iveco Group N.V.'s common share capital, making the takeover offer fully effective and unconditional.

Tata Motors Ltd has completed the acquisition of Italian truckmaker Iveco Group.

Tata Motors' €3.9 billion acquisition of Iveco hinges on increased shareholder participation to secure full ownership and delisting, amid investor opposition and a final offer of €14.40 per share.

Tata Motors faces a crucial October 26 deadline in its €3.91-billion Iveco takeover, with only 35% of shares tendered at the last reported count against the required 80%.

Tata Motors is maintaining that its revised bid of €14.40 or ₹1,531 per share is its best and final offer for Iveco Group.

Tata Motors announced a final offer of €14.40 per share to acquire the Iveco Group.

Tata Motors must win over most of Iveco’s silent shareholders to complete its €3.9 billion acquisition and delist the Italian truck maker.