Tata Motors Lifts Iveco Stake To 96.29% And Plans Squeeze Out
By Eve
Tata Motors, through its wholly owned subsidiary TML CV Holdings B.V., has provisionally reached 96.29% of Iveco Group N.V.'s common share capital, excluding treasury shares, after the reopening period of its voluntary tender offer. A 7 November 2026 regulatory filing says 18.31 million additional shares, about 6.75% of capital, were tendered for €263.65 million at the revised price of €14.40 per share, lifting the total to 256.47 million shares including 238.16 million tendered in the initial period. Final results are expected by 12 November 2026, and the result opens the way to a Dutch legal squeeze out and potential delisting.
Why it matters
Iveco is a major Italian commercial vehicle maker, and near full control by Tata Motors points to a more consolidated owner behind its fleet products. Suppliers and CPOs serving commercial fleet and depot charging should watch for any shift in procurement or partnership decisions once the squeeze out completes.
Source
- Original title
- “Tata Motors Raises Iveco Stake To 96.29%, Plans Squeeze-Out”
- Published
- 7 November 2026
In this story
- Topic
- Electric Vehicles
- Tags
- Tata Motors · Iveco
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