Tata Motors wins all regulatory approvals for €3.8 billion Iveco acquisition
- Tata Motors secures all regulatory approvals for its proposed €3.8 billion acquisition of Iveco Group.
- The approvals clear a key hurdle for Tata Motors to launch its voluntary tender offer for Iveco shares.
- The European Central Bank granted the final pending authorisation for indirect qualifying holdings in two Iveco-related finance companies.
- Tata Motors will publish the offer document after Italy’s securities regulator Consob completes its review.
Source: google.com
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