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Tata Motors' Unit Gains 89.42% Stake In Iveco Group For ₹30,300 Crore, Tender Offer Terms To Reopen

Mumbai: TML CV Holdings B.V., a wholly owned subsidiary of Tata Motors Limited , has provisionally secured an 89.42 per cent shareholding in Iveco Group N.V. (IVG) through a voluntary totalitarian tender offer. The provisional results indicate a total transaction value of approximately ₹30,300 crore. Offer Details The tender offer, initiated by TML CV Holdings Pte. Ltd. (a wholly owned subsidiary…

Tata Motors' Unit Gains 89.42% Stake In Iveco Group For ₹30,300 Crore, Tender Offer Terms To Reopen

We haven't written up this one. Free Press Journal has the full story — the link below goes straight to it.

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