Tata Motors Clears Final Regulatory Hurdle for €3.8 Billion Iveco Acquisition

Tata Motors' commercial vehicles arm has cleared its final regulatory hurdle in acquiring Iveco Group N.V. for €3.8 billion.

The European Central Bank granted the necessary authorization on September 1, 2026, paving the way for the launch of a voluntary tender offer in early September and closing by early November 2026.

Tata Motors' commercial vehicle business reported an 83.24% year-over-year increase in consolidated net profit to ₹2,560 crore in Q1 FY27, with revenue from operations growing nearly 20% YoY to ₹20,576 crore.