Tata Motors Eyes Iveco in Mega Deal

  Published 8 months ago

Tata Motors may acquire Iveco's truck units, sparking investor concerns over costs and potential regulatory obligations in Europe.

  • Proposed €1.5 billion deal could be Tata Motors’ biggest since its 2008 JLR acquisition, raising leverage concerns.
  • Market reacted cautiously; brokerage retained 'Sell' with Rs 690 target, citing open offer risks and balance sheet strain.
  • BSE has asked Tata Motors for clarification on the deal amid growing scrutiny and cautious investor sentiment.

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