मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
कोशिश गोल्ड - मुक्त
Tata Motors to buy Iveco's CV business
Mint New Delhi
|July 31, 2025
$4.36 bn acquisition is Tata's biggest since Tata Steel acquired Corus
Tata Motors Ltd announced the acquisition of Italian truck and bus maker Iveco on Wednesday for $4.36 billion in a bid to boost its commercial vehicle (CV) business, ahead of the demerger of its CV and passenger vehicles business expected later this year.
The country's largest commercial vehicle player will assume control of Italy's Agnelli family-backed Iveco, an acronym for Industrial Vehicles Corp., in its largest acquisition ever. This is its second big overseas deal this century after the company acquired Jaguar Land Rover in 2008 for $2.3 billion.
The acquisition is also the second-largest ever for Tata Group after Tata Steel's Corus Group purchase in 2007 for $13.1 billion.
यह कहानी Mint New Delhi के July 31, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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