
AI-generated summary
Tata Motors has made an offer to acquire Iveco, subject to extended approval timelines.
Tata Motors raises its offer on Iveco by 30 cents to 14.40 euros per share for a maximum total outlay of 3.91 billion. The new price is defined as "best and final" and further increases are excluded.
The increase is linked to longer-than-expected times to obtain some authorizations necessary to complete the operation.
The 30 cent increase entails a maximum additional outlay of 81.36 million euros. The new price incorporates a premium of 33.47% compared to the price on 17 July 2025, before the acquisition rumors, and 6.77% compared to 29 July 2025, before the announcement.

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