Tata Motors' Rs 42,561 Crore Iveco Takeover Clears 80% Threshold
Tata Motors' acquisition of Italian commercial vehicle maker Iveco for Rs 42,561 crore has surpassed the 80% acceptance threshold, securing 87.8% of shares by the tender close. This milestone allows Tata Motors to take full ownership and delist Iveco within months using a Dutch statutory squeeze-out mechanism.
TOI Business·

