BusinessPhoto: Mint CompaniesTata Motors' €3.43bn Iveco Bid Gets 87.8% Acceptance
Tata Motors' bid to acquire Italian truckmaker Iveco has surpassed the 80% acceptance threshold, with 87.81% of common shares tendered by the October 26 deadline. Valued at approximately €3.8 billion, this deal will significantly expand Tata Motors' global commercial vehicle business and marks the largest buyout since the JLR acquisition.
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