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Tata’s acquisition of IVECO: a defining moment for Europe’s commercial vehicle sector

Truck industry observers have long speculated about the first takeover of a European OEM by an Asian Group—with IVECO, following the spin-off from CNH Industrial in 2022, very much in the focus of the speculation.
The historic moment arrived with the announcement of Tata Motors’ €3.8 billion ($4.4 billion) all cash v....

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