Tata Motors looks to buy Italian truck maker Iveco; deal likely at $4.5 billion - set to be Tata group’s second biggest acquisition
Wednesday, 30 July 2025 () Tata Motors is reportedly on the verge of acquiring Italian truck manufacturer Iveco from the Agnelli family for $4.5 billion, marking the Tata Group's second-largest acquisition after Corus. The deal, excluding Iveco's defense operations, is expected to be announced soon, pending board approvals from both companies.
Tata Motors is set to acquire Italian commercial vehicle maker Iveco Group, excluding its defense business, for euro 3.8 billion (nearly Rs 38,240 crore) in a... DNA