Iveco Group
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Tata Motors completes initial settlement of takeover offer for Iveco Group and holds about 89.42%
On 30 October, Tata Motors and Iveco Group announced completion of the initial settlement of the takeover offer first announced in July 2025. Tata Motors now holds approximately 89.42% of Iveco Group's share capital, excluding treasury shares, after acquiring more than 238 million shares at €14.40 each, for roughly €3.43 billion. The deal covers Iveco's commercial vehicle and powertrain businesses, including Iveco, Iveco Bus, Heuliez and FPT Industrial, but excludes Defence, which is covered by a separate transaction with Leonardo.
Why it matters
Iveco's truck and bus lines, including Iveco Bus and Heuliez, now sit under a new parent, which could change fleet electrification plans and supplier relationships. CPOs and depot charging bidders serving European commercial fleets should watch for shifts in procurement contacts and product roadmaps.