Tata Motors' Iveco takeover bid clears 80 pc acceptance threshold

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SENSEX 73,606.75

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+ 153.20

NIFTY 22,753.20

+ 153.20

CRUDEOIL 9,706.00

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GOLD 143,073.00

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Touches 87.8 per cent on ‌the ‌last ⁠day of ⁠the offer

By Reuters

Updated - October 27, 2026 at 12:15 AM. | ROME, Oct 26

Tata Motors’ Iveco takeover bid clears 80 pc acceptance threshold | Photo Credit: FABIAN BIMMER

India's ​Tata Motors takeover bid ‌for Italian truck ​maker ⁠Iveco has cleared the 80 per cent acceptance ‌threshold, reaching 87.8 per cent on ‌the ‌last ⁠day of ⁠the offer, an Italian stock market filing ​showed ‌on Monday.

* The tender offer had opened ‌on September ​7

* The offer price ⁠was raised to €14.40 per ‌share, from 14.10 per share, on October 9

* Tata Motors ‌agreed last year ​to buy Iveco's commercial vehicle ⁠business in a ⁠deal valued at €3.8 billion.

Published on October 27, 2026

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