Iveco Minority Shareholders Pose Hurdle to Tata Takeover Bid
Tata Motors needs support from most of Iveco's shareholders who skipped a special meeting to complete its €3.9 billion acquisition and delist the Italian truck maker, Mint reports.
New Delhi, Oct. 21 -- Tata Motors Ltd will need to win over most of Iveco's silent shareholders-roughly three in four investors who stayed away from Friday's special shareholder meeting-to complete its €3.9 billion acquisition and delist the Italian truck maker, according to Mint's review of the vo…