Iveco tender offer reaches 89.42% and becomes unconditional
TMCV · price
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TML CV Holdings B.V. received 238,157,212 Iveco shares, about 87.81% of the offer shares, taking its stake to 89.42% excluding treasury shares. The offer became unconditional at EUR 14.40 per share. Payment is due on 30 October 2026, with acceptance reopening from 2 to 6 November 2026 and further steps aimed at Iveco delisting.
Confirms Tata Motors' control of Iveco and the path to delisting, reducing uncertainty for minority shareholders.