Tata Motors544569Commercial vehicles, automobiles
Tata Motors CV revised offer price higher for IVECO acquisition, calling it final and best offer
By ScoutQuest · · 1 min read
- Initial offer price per share
- €14.10
- Revised offer price per share
- €14.4
- Premium to initial price
- 6.7 percent
- Increase in acquisition cost
- over €80 million
- Final acquisition price
- €3.9 billion
Heard on business television between 08:21:36 - 08:24:36 IST.
- Deal announced in September last year, cleared by regulators last month, still nearing completion.
- Tata Motors CV revised offer price from €14.10 to €14.4 per share, a 6.7% premium to initial deal price.
- This increased total acquisition cost by over €80 million, taking final acquisition price to €3.9 billion.
- Company said this is the last and best offer and price will not be revised higher henceforth.
- Tender offer period opened in September, last date for tender is October 26; stock expected to see some pressure today.
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Source: Live TV News Channel · 13 Oct 2026
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