New Delhi/Milan | September 4, 2026 | INFRAINTEL Bureau
(Times Now)
Italy’s market regulator Consob has approved the offer document for Tata Motors’ voluntary tender offer to acquire all common shares of Iveco Group NV.
The acceptance period is scheduled to open on September 7 and close on October 26 unless extended. Tata Motors’ indirect subsidiary TML CV Holdings will offer Euro 14.10 per share, including dividend.
Shareholders tendering during the initial period are scheduled to receive payment on October 30. Subject to applicable conditions, the offer may reopen for five trading days from November 2 to 6, with payment on November 13.
The transaction will be open in Italy and extended to US shareholders under relevant securities rules. Tata Motors first announced its intention to promote the offer through its subsidiary in July 2025.
Regulatory clearance of the document starts the formal acceptance process but does not complete the acquisition. The outcome will depend on shareholder participation, satisfaction of legal conditions, financing, remaining approvals and the operational integration strategy.