Stories
Tata Motors CV Raises Offer Price For Iveco Deal Amidst Delays
C
CNBC TV18•12-10-2026, 07:41
Tata Motors CV Raises Offer Price For Iveco Deal Amidst Delays
- •Tata Motors CV increased its offer price for the Iveco acquisition to €14.40 per share from the previous €14.10 due to completion delays.
- •The company stated that this new offer price is final and will not be revised any further.
- •The total transaction value for the acquisition has increased by €81.36 million, bringing it to a total of €3.9 billion.
- •The tender offer period for the Iveco deal is scheduled to end on October 26.
- •The deal previously received clearance from the Italian regulator Consob in September.
Key Questions Answered
Tata Motors CV has increased its offer price for the Iveco transaction from €14.10 to €14.40 per share due to delays in completing the offer, bringing the total transaction value to €3.9 billion.
The tender offer period for the Iveco deal is scheduled to end on October 26, 2026, unless it is extended.
The Italian market regulator Consob cleared the Tata Motors CV-Iveco deal and approved the offer document in September 2026.
