La Consob gave the green light to voluntary public tender offer on the ordinary shares of Iveco Group by Tata MotorsThe offer, promoted by Tml Cv Holdings, will start on September 7th and end on October 26thTwo companies involved in the operation announced this. Authorization was the final step required to launch the operation.
Iveco, Consob approves Tata Motors' bid
The press release explains that, if the legal requirements are met, the membership period will be reopened for five trading days following the payment period: therefore, for the sessions from November 2nd to 6th. The payment date for the fee will be November 13th, unless the membership period is extended.
The publication and methods of dissemination of the offer document, containing the detailed description of the terms of the offer and the acceptance procedures, will be the subject of a subsequent press release. "For any further information regarding the Offer, pending the publication of the offer document, for anything not expressly indicated, please refer to the communication dated 30 July 2025, with which Tml Cv Hs communicated to Consob and made known to the market and the issuer its decision to promote the offer through the offeror, published, on behalf of Tml Cv Hs, on the Tata Motors website at (www.tatamotors.com) as well as on the issuer's website at (www.ivecogroup.com), which indicates the legal assumptions, terms and essential elements of the offer.
