Tata Motors is set to acquire 100% of Iveco’s non-defence business from the Agnelli family’s Exor via a Dutch special-purpose vehicle. This would mark the Tata Group’s second-largest global acquisition after Tata Steel’s $12.1 billion Corus deal, surpassing the JLR buyout in 2008.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets