Tata Motors has secured all necessary regulatory approvals for its acquisition. The company's subsidiary obtained prior authorisations under the sectoral regulatory framework. Final clearance came from the European Central Bank for financial services businesses. This key hurdle has now been cleared for the tender offer. The proposed acquisition of Iveco Group is valued at €3.8 billion.

Tata Motors gets ECB approval for its €3.8-billion Iveco takeover, completing prior sector-regulatory clearances as Consob reviews the offer document.

Tata Motors has secured all necessary regulatory approvals for its acquisition. The company's subsidiary obtained prior authorisations under the sectoral regulatory framework.…

L'autorizzazione era l'ultimo passaggio previsto per l'avvio dell'operazione

L'offerta parte il 7 ottobre e termina il 26 ottobre

Italian market regulator Consob approved Tata Motors' offer document for Iveco Group shares. Shareholders can accept the offer from September 7 until October 26. Tata Motors…