Iveco Shareholders Tender Shares for Tata Motors Takeover
Iveco shareholders tendered a majority of shares for Tata Motors’ proposed buyout, valuing the Italian manufacturer at around $4.36 billion. Tata Motors provisionally reached more than 89% of Iveco’s common share capital, according to a filing.
By Aimee LookThe majority of Iveco Group's shareholders tendered their shares for Tata Motors' proposed takeover offer, which valued the Italian manufacturer at around $4.36 billion, according to a filing.India's Tata Motors provisionally reached a shareholding of over 89% of common share capital i…