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Home > Finance > Italy approves with conditions Iveco sale to Tata Motors, document shows

Italy approves with conditions Iveco sale to Tata Motors, document shows

Published by Global Banking and Finance Review

Posted on November 7, 2025

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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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