Tata Motors Secures 87.81% Acceptance for Iveco Acquisition

tata motors has received provisional acceptances for 87.81% of Iveco Group’s shares, marking a major step toward completing its proposed acquisition of the Italian commercial vehicle manufacturer. The deal would expand Tata Motors’ global presence in trucks, buses and commercial mobility, while giving it greater access to European and other international markets. The acquisition remains subject to the applicable closing conditions and regulatory approvals. The offer received bids for 238.16 million shares at €14.40 per share, with a total value of approximately €3.43 billion for the shares tendered. The acceptance threshold was revised from 95% to 80%, and the offer has crossed this requirement. The development could strengthen Tata Motors’ international commercial vehicle business, improve its presence in Europe and create opportunities for cost efficiencies and technology sharing. Final results were expected by October 29, 2026