Tata Motors to Acquire Iveco Group in EUR 3.8 Bn Deal

11 Sep 2025 CW Team

Tata Motors, a global automotive leader, has announced an agreement to acquire Iveco Group N.V., a European commercial vehicles and mobility major, in a deal valued at approximately EUR 3.8 billion. The move aims to establish one of the world’s most competitive and diversified commercial vehicle groups with strong global reach, product depth, and industrial capabilities.

The proposed acquisition will be executed through TML CV Holdings PTE LTD or a new Dutch-incorporated subsidiary of Tata Motors, which will launch a recommended voluntary tender offer for all issued Iveco Group shares. The offer price has been set at EUR 14.1 per share in cash, excluding Iveco’s defence business, which will be separated prior to completion.

Completion of the transaction is subject to regulatory approvals and the successful carve-out of Iveco’s defence operations. The separation will ensure that the offer, estimated at EUR 3.8 billion, reflects only the commercial vehicles and mobility businesses of Iveco.

By combining Tata Motors’ strong presence in emerging markets with Iveco’s European leadership, the merged group is expected to enhance competitiveness across core markets such as trucks, buses, and specialised mobility solutions.

News source: Iveco Group

Infrastructure Transport

12 Mar 2026

Kavach 4.0 Commissioned on Delhi–Mumbai and Delhi–Howrah

"Kavach version four has been commissioned on 1,452 route km, covering the high density Delhi–Mumbai and Delhi–Howrah corridors. The rollout included laying 8,570 km of optical fibre, installation of 1,100 telecom towers, deployment of trackside equipment over 6,776 RKm and establishment of 767 station data centres. Trackside implementation has been taken up on 24,427 RKm covering Golden Quadrilateral, Golden Diagonal and High Density Network sections. The programme aims to strengthen signalling and train protection on key routes.Kavach is an indigenously developed automatic train protecti..

Railways Advance Kalyan–Murbad Line And Mumbai Capacity Expansion

"Indian Railways is advancing multiple rail infrastructure projects in Maharashtra, including the sanctioned Kalyan–Murbad new line and sizable investments under the Mumbai Urban Transport Project and the Mumbai–Ahmedabad High Speed Rail project. The Kalyan–Murbad 28 km new line has been sanctioned at Rs 8.36 billion (bn) on a 50:50 cost-sharing basis with the Government of Maharashtra and has been declared a Special Railway Project for land acquisition; proposals covering 214 hectares are at various stages of acquisition. Budgetary outlay for projects falling fully or partly in Maharash..

Parliamentary Panel Flags Funding Gaps in Heavy Industries

"The Department-Related Parliamentary Standing Committee on Industry (Rajya Sabha) presented its 332nd report on the Demands for Grants 2026-27 of the Ministry of Heavy Industries (MHI). Figures converted from crore and lakh are expressed in million (mn). The Budget Estimates 2026-27 for the Ministry stand at Rs 79,399 mn against a projected requirement of Rs 94,843.2 mn, a shortfall of about 16 per cent, with revenue at Rs 79,370.8 mn and capital compressed to Rs 28.2 mn from Rs 5,020 mn.The committee flagged recurring BE-to-RE compression and declining revised estimate utilisation, and calle..