Tata Motors’ Iveco takeover offer turns unconditional as shareholding reaches 89%
Tata Motors’ offer for Iveco Group has become unconditional after 238.16 million shares were tendered, taking its subsidiary’s holding to 89.42% of Iveco’s common share capital, net of treasury shares. The final results confirm that the threshold and all other conditions of the offer have been met.
Tata Motors’ offer for Iveco Group has become unconditional after 238.16 million shares were tendered, taking its subsidiary’s holding to 89.42% of Iveco’s common share capital, net of treasury shares. The final results confirm that the threshold and all other conditions of the offer have been met.
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