Tata Motors Ltd press release
TML CV Holdings B.V., Tata Motors' indirect subsidiary, saw its tender offer for all Iveco Group N.V. common shares become fully effective and unconditional on 27 October 2026 (reported earlier).
By ScoutQuest · · 1 min read
- Tender offer effective date
- 27 October 2026
- EGM approval date and items
- 16 October 2026; Post-Offer Demerger and Liquidation
- Free float threshold
- more than 90% but less than 95% together with affiliates
- Release
- Deal / acquisition
🎯 The offeror said it does not intend to restore a free float sufficient for the regular trading of Iveco Group N.V. shares if it holds more than 90% but less than 95% together with affiliates, and will start a voluntary purchase procedure under Article 108, paragraph 2, of the CFA.
📌 Iveco Group N.V.'s extraordinary general meeting approved the Post-Offer Demerger and Liquidation on 16 October 2026.
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More numbers
- Common Shares tendered to the Offer238,157,212
- Shares tendered as % of Issuer's common share capital87.81%
- Offer Shares271,215,400
- Aggregate countervalue of the OfferEUR 3,429,463,852.80
- Shareholding net of Treasury Shares89.42%
- Treasury Shares4,868,597
- Treasury Shares as % of common share capital1.80%
- Price per Common ShareEUR 14.40
- Initial Price per Common ShareEUR 14.10
- Additional Price per Common ShareEUR 0.30
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