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Tata Motors' subsidiary reached 96.25% of Iveco Group via a reopened tender. Payment at EUR 14.40 per share is due 13 November 2026, followed by a squeeze-out.
Tata Motors' subsidiary reached about 96.29% of Iveco Group's shares in a reopened tender offer. Tendered shares worth ₹2,794.69 Crore are payable November 13, 2026.
Tata Motors' subsidiary's Iveco tender offer reached 89.42% shareholding, satisfying the threshold condition. Provisional tendered value is EUR 3.43 billion; payment is due 30 October 2026.
Tata Motors is increasing its voluntary tender offer price for Iveco Group N.V. to Euro 14.40, with a new maximum aggregate disbursement of Euro 3,905,501,760.
Tata Motors' subsidiary, TML Smart City Mobility Solutions, acquired Mateshwari E-Smart Mobility for Rs.0.02 Crore. The acquisition supports electric bus operations in Telangana.
Tata Motors' subsidiary, TML Smart City Mobility Solutions, acquired a 26% stake in Mateshwari E-Smart Mobility for ₹2.60 Lakh to operate electric buses.
Tata Motors announced a voluntary tender offer to acquire Iveco Group for approximately EUR 3.82 billion (approx. ₹41,638 Crore). This deal targets global leadership in commercial vehicles.
Tata Motors' subsidiary, TML CV Holdings B.V., has received all necessary regulatory approvals for its voluntary tender offer to acquire Iveco Group N.V. shares.