Tata Motors To Buy Italy's Iveco Group For 3.8 Bn Euros: Statement
Rome: Tata Motors of India will buy Italy's Iveco Group for 3.8 billion euros ($4.4 billion) in a bid to create a "global champion" in the commercial vehicles sector, the two companies said Wednesday.
The deal excludes Iveco's Defence division for armoured vehicles, which is to be sold to Italian defence and aerospace group Leonardo, in a 1.7 billion euro deal announced earlier Wednesday.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.

Comments
No comment