Tata Motors Acquires 89.42% Stake in Iveco Group
Tata Motors has completed the initial settlement for acquiring a majority stake in the Italian commercial vehicle maker Iveco Group. The company now holds an 89.42% stake in Iveco. Following the acquisition, Tata Motors has appointed Chandrasekaran as the Chairperson of Iveco. The deal was valued at 3.43 billion euros.
Autocar Professional·



