Tata Motors Nears $4.5 Billion Deal for Iveco in Landmark European Acquisition
Indian auto giant to buy out Agnelli family’s stake, with plans to skip defense assets Tata Motors is gearing up for what could become the biggest acquisition in its history — and one of the most closely watched cross-border deals by an Indian company this year. The Mumbai-based automaker is in advanced stages of buying Italian commercial vehicle maker Iveco for $4.5 billion from Exor, the holding company of the…