Tata Motors Acquires Iveco Group; Chandrasekaran Named Chairperson
Tata Motors has completed the acquisition of Iveco Group by acquiring approximately 89.42% of its common shares, valued at around $4.32 billion (₹42,561 crore). The acquisition, led by Tata Group Chairman N. Chandrasekaran, aims to strengthen Tata Motors' global presence, following previous acquisitions like Tetley, Corus, and Jaguar Land Rover. Chandrasekaran has been appointed Chairperson of the combined entity.
Hindu Business··Mumbai



