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Tata Motors completed the initial settlement of its tender offer for Iveco Group on 30 October 2026, acquiring 89.42% of Iveco shares for €14.40 per share, valuing the transaction at approximately €3.43 billion. The combined group becomes the world's fourth-largest commercial vehicle maker with €21 billion revenue and 590,000 annual vehicle sales.
“Tata Motors and Iveco Group are now officially one company.”trans.info
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