Tata Motors launches tender offer for common shares of Iveco Group

Iveco Group N.V . , an international leader in commercial vehicles and mobility, and Tata Motors Ltd, a global automotive leader, jointly announced the commencement of the voluntary tender offer by TML CV Holdings B.V. for all issued common shares of Iveco Group at a price of €14.1 (cum dividend) per common share in cash.

This follows the approval for the offer from the Italian market regulator. The offer has been made by a Tata Motors step down subsidiary.

The acceptance period runs from September 7, 2026 to October 26, 2026.

“The Iveco Group Board of Directors unanimously supports the Transaction, recommends the Offer for acceptance by the shareholders of Iveco Group and recommends Shareholders to vote in favour of the resolutions relating to the Offer at the EGM,” Tata Motors said in a filing.

Iveco Group will hold the EGM on October 16, 2026 to take shareholders’ approval.