The company intends to utilise the net proceeds from its issue towards capital expenditure, repayment of debt and incremental working capital requirements, other than general corporate purposes.
Tata Motors launches tender offer for Iveco Group; deal values company at €3.82 billion
Tata Motors has launched a €14.1-per-share cash tender offer for Iveco Group, valuing the Italian commercial vehicle maker at €3.82 billion. Backed by Iveco’s largest