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Center-Right Owned by The Hindu Group (Kasturi & Sons)

Tata Motors’ €3.91-billion Iveco bid faces make-or-break October 26 test of global ambitions

Tata Motors’ €3.91-billion Iveco bid faces make-or-break October 26 test of global ambitions

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Tata Motors faces a crucial October 26 deadline in its €3.91-billion Iveco takeover, with only 35% of shares tendered at the last reported count against the required 80%. While management expects a last-minute surge in acceptances, it faces resistance from influential investors, Italian concerns…

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