Group 1 - The Iveco Group N.V. has confirmed that all conditions for the sale of its Defence Business (IDV and ASTRA brands) to Leonardo S.p.A. have been met, with the transaction expected to finalize in the coming days [1] - This sale is a prerequisite for the completion of the voluntary tender offer by Tata Motors Limited for all issued common shares of Iveco Group, which was announced on July 30, 2025 [1] Group 2 - Iveco Group N.V. operates seven major brands, including IVECO, FPT Industrial, IVECO BUS, HEULIEZ, IDV, ASTRA, and IVECO CAPITAL, each specializing in different sectors such as commercial vehicles, powertrain technologies, and financing [2] - The company employs approximately 36,000 people globally and has a network of 19 industrial sites and 30 R&D centers [2]
Iveco Group announces that all conditions precedent to the sale of its Defence Business to Leonardo are fulfilled
Globenewswire·2026-03-17 12:45