Iveco Shareholders Approve Tata Motors' Acquisition Proposal
Iveco Group shareholders approved all resolutions for Tata Motors' acquisition of the Italian commercial vehicle maker at an extraordinary general meeting in Amsterdam. The approval lowered the minimum share acceptance threshold from 95% to 80%, easing the transaction process. Tata Motors raised its offer price to €14.40 per share, valuing the deal at about €3.91 billion. The acquisition remains subject to other conditions.
Business Standard··Amsterdam


