Protean eGov Technologies saw its shares jump significantly on Thursday. This surge followed the company’s announcement of its best-ever quarterly and annual financial results. Strong performance was noted across all business segments. The company reported a substantial increase in net profit and revenue for the quarter and the full fiscal year. Protean eGov also declared a final dividend for shareholders.
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