FinanceET Techabout 2 hours ago
Tata-Iveco Deal Creates 4th Largest CV Maker
1 min read
Tata Motors and Iveco announced a merger forming the world's fourth-largest commercial vehicle maker with Rs 2.28 lakh crore revenue. Tata acquired an 89.42 per cent stake for 3.43 billion euros. The combined entity employs 33,000 people across 16 sites and 22 R&D centres. Shareholder settlement occurs on November 13, 2026.
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