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News

India's Tata Motors to raise 1 billion euros in equity

Reuters on MSN · 1d
India's Tata Motors to raise 1 billion euros in equity for Iveco deal
By Aditi Shah NEW DELHI (Reuters) -Tata Motors plans to raise about 1 billion euros ($1.14 billion) of equity to repay the loan funding its $4.5 billion offer to buy Iveco's trucks and bus business, the Indian automaker's chief financial officer said on Thursday.
autoevolution · 17h
Tata Motors Announces $4.3 Billion Acquisition of Iveco Group
Tata Motors is set to acquire Iveco Group. After the transaction, Iveco will retain its workforce as well as its headquarters in Turin, Italy
Outlook Business · 18h
Tata Motors-Iveco Deal: Here’s How the Automaker Plans to Fund €3.8 Bn Acquisition Deal
Post-Iveco acquisition, the combined entity will become the world’s 4th largest truck maker by volume, a report stated.
15h
Morgan Stanley, MUFG to Syndicate Tata Motors’ Acquisition Debt
Banks underwriting a bridge loan to finance Tata Motors Ltd.’s acquisition of Iveco Group’s commercial vehicle business are ...
ET Auto
1d
With Iveco in its kitty, Tata Motors set to expand global truck footprint
Tata Motors sets the stage for a major expansion in its global commercial vehicle market presence through the acquisition of ...
1d
Iveco CEO: Tata will preserve jobs, industrial base after buyout
Tata Motors will retain Iveco’s industrial base and jobs, says CEO Olof Persson, calling the acquisition a smooth integration ...

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