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Tata Motors’ €3.43 bn Iveco bid sees 87.8% acceptance, paves way for biggest buyout since JLR: What exchange filing says

Image: Mint

Tata Motors’ bid for Italian truckmaker Iveco cleared the 80% acceptance threshold, with 87.81% of common shares tendered by the October 26 deadline. The deal, valued at about EUR 3.8 billion, would expand Tata’s global commercial vehicle business.

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