Finance
Italy approves with conditions Iveco sale to Tata Motors, document shows
Published by Global Banking & Finance Review®
Posted on November 7, 2025
1 min readLast updated: January 21, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on November 7, 2025
1 min readLast updated: January 21, 2026
Italy has conditionally approved Tata Motors' acquisition of Iveco for 3.8 billion euros, with Iveco's defense business sold to Leonardo.
ROME (Reuters) -The Italian government has given its conditional approval to the sale of truck-maker Iveco to India's Tata Motors, a parliamentary document showed on Friday.
The decision was made on October 31, the document added.
Tata Motors has agreed to buy Iveco in a deal valued at 3.8 billion euros ($4.36 billion), after the truck-maker separately agreed to sell its defence business to Italian state-backed defense group Leonardo.
(Reporting by Giuseppe Fonte, editing by Gavin Jones)
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