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Tata Motors launches all-cash voluntary offer for Iveco Group

Iveco Group said Tata Motors has launched an all-cash voluntary offer via TML CV Holdings, offering EUR14.10 in cash per share. The offer values Iveco Group at about EUR3.82 billion.

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By Stephen NakrosisItalian vehicle maker Iveco Group said Tata Motors has launched an all-cash voluntary offer for the company, offering EUR14.10 in cash per share.The offer values Iveco Group at about EUR3.82 billion, the companies said.The tender offer is being made via TML CV Holdings, a Dutch s…