Tata Motors Clears €3.8 Billion Regulatory Hurdle in Iveco Deal

Tata Motors has cleared a major hurdle in its proposed acquisition of Iveco Group for €3.8 billion.

The company said it had secured all regulatory approvals required for the deal, which includes clearance from the European Central Bank.

This is a significant development as the acquisition will give Tata Motors access to Iveco's French financial services businesses, including IC Financial Services SA and CNH Industrial Capital Europe SAS.