Tata Motors raises Iveco bid to €14.40 per share
Tata Motors has boosted its bid for Iveco Group to €14.40 per share, up from €14.10 previously, as regulatory approval processes take longer than anticipated in several countries. The tender offer for Iveco shares began in early September and is set to conclude on October 26. According to data from Borsa Italiana, 28.4% of the shares under consideration have been tendered as of Friday.
The enhanced offer price marks a 6.77% increase over Iveco's closing price on July 29, 2025. Tata Motors has declared this as its "best and final" offer. Iveco Group responded positively to the revised bid. The deal initially valued at €3.8 billion was reached last year, and Tata Motors acquired Iveco's commercial vehicle business. As of Friday, Iveco shares were trading at €14.40.
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