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Iveco Group, Italy to sell defence business to Leonardo for EUR 1.7 billion
On July 30, 2025, Iveco Group N.V. announced it has signed a definitive agreement to sell its Defence Business, including the IDV and ASTRA brands, to Leonardo S.p.A. for an enterprise value of EUR 1.7 billion. The deal aims to create a consolidated, Italy-based European leader in land defence systems with the scale ....
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