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Iveco Shareholders Approve Delisting and Restructuring Plans for Tata Deal

Iveco shareholders approved resolutions for conversion to a private limited liability company after delisting and a potential post-offer demerger if Tata Motors secures the required shareholding threshold.

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The resolutions provide for Iveco’s conversion into a private limited liability company following delisting and a potential post-offer demerger if Tata Motors secures at least 80 per cent of common sharesIveco Group shareholders have approved all resolutions related to Tata Motors’ proposed acquisi…