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By Aditi Shah NEW DELHI (Reuters) -Tata Motors plans to raise about 1 billion euros ($1.14 billion) of equity to repay the ...
Tata Motors is set to acquire the non-defence business of Iveco Group comprising trucks, buses and powertrains, etc.
Together, Iveco and Tata Motors' commercial vehicle business will have combined revenue of €22 billion (Rs 2.20 lakh crore) across Europe (50%), India (35%) and the Americas (15%).
Post-Iveco acquisition, the combined entity will become the world’s 4th largest truck maker by volume, a report stated.
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 ...
Tata Motors will retain Iveco’s industrial base and jobs, says CEO Olof Persson, calling the acquisition a smooth integration ...
Tata Motors' shares fell by 4% as investors evaluated the implications of the company's impending $4.5 billion acquisition of ...