Tata Motors raises Iveco takeover offer to €14.40 per share
SENSEX 72,472.33 + 879.09 NIFTY 22,520.45 + 288.65 CRUDEOIL 8,830.00 -34.00 GOLD 151,424.00 + 1,814.00 SILVER 225,620.00 + 4,387.00 SENSEX 72,472.33 + 879.09 NIFTY 22,520.45 + 288.65 NIFTY 22,520.45 + 288.65 CRUDEOIL 8,830.00 -34.00 CRUDEOIL 8,830.00 -34.00 GOLD 151,424.00 + 1,814.00 Home Companies Tata Motors has revi
SENSEX 72,472.33 + 879.09 NIFTY 22,520.45 + 288.65 CRUDEOIL 8,830.00 -34.00 GOLD 151,424.00 + 1,814.00 SILVER 225,620.00 + 4,387.00 SENSEX 72,472.33 + 879.09 NIFTY 22,520.45 + 288.65 NIFTY 22,520.45 + 288.65 CRUDEOIL 8,830.00 -34.00 CRUDEOIL 8,830.00 -34.00 GOLD 151,424.00 + 1,814.00 Home Companies Tata Motors has revised its Iveco takeover bid, citing delays in regulatory authorisations, while the Italian truckmaker has welcomed the higher offer By Reuters Updated - October 09, 2026 at 10:56 PM.
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Tata Motors raises its Iveco offer to €14.40 per share amid authorisation delays, with 28.4 per cent of targeted shares tendered as of Friday. | Photo Credit: Amit Vijay Mohile India's Tata Motors raised its offer for Iveco Group to €14.40 per share as the authorisation process is taking longer than initially anticipated in a few jurisdictions, the Italian truckmaker said on Friday. * The tender offer period opened in early September and ends on October 26 * As of Friday, 28.4% of Iveco shares targeted by the offer had been tendered, according to Borsa Italiana data * Iveco said in a separate statement it welcomed the increase in offer price * The previous offer price was €14.10 per share * The new offer price represents a 6.77% premium over July 29 2025 closing price * Tata Motors said the new offer price was its "best and final" offer * Tata Motors agreed to buy Iveco's commercial vehicle business in a deal valued at €3.8 billion last year * Iveco shares were trading at €14.40 at Friday's close Published on October 9, 2026 THIS AD SUPPORTS OUR JOURNALISM.
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