Sebi approved IPO plans of Neolite ZKW Lightings, Aspri Spirits and SS Retail, enabling them to raise funds through fresh issues and OFS routes. The companies operate in automotive lighting, premium alcohol distribution and consumer electronics retail, targeting expansion, manufacturing growth and debt repayment.
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