Iveco Group NV agreed to break itself up, selling its defense unit to Leonardo SpA and the rest of the Italian truck maker to Tata Motors Ltd. in deals totaling about 5.5 billion euros ($6.3 billion).

(Bloomberg) -- Iveco Group NV is in advanced talks to sell its defense unit to Leonardo SpA, which would satisfy the demands of the Italian government and pave the way for a sale of the rest of the ...

Italian tank destroyers Centauro take part in the joint military exercise "Strike Back" at the Novo Selo military ground, northwestern Bulgaria, in December 2022. (Nikolay Doychinov/AFP via Getty ...

Italian truck maker Iveco IVG-0.04%decrease; red down pointing triangle Group agreed to sell its commercial vehicles unit to Tata Motors 500570 1.57%increase; green up pointing triangle and its ...

An IDV SMR6 (Standard Military Range) 4×4 truck, one of the variants to be supplied to the Italian Army under a contract signed on 19 December 2024. (IDV) Iveco Defence Vehicles (IDV) has been ...

Tata Motors said on Wednesday that it had agreed to buy Italian truck maker Iveco Group in a deal worth 3.8 billion euros ($4.36 billion), after the Italian truckmaker separately agreed to sell its ...

Iveco Group NV agreed to sell its defense unit to Leonardo SpA for an enterprise value of €1.7 billion ($1.95 billion), in a step toward a planned breakup of the maker of commercial trucks and ...

Turin, 18 h March 2026. Iveco Group N.V. (EXM: IVG) announces that the full ownership of its Defence Business (IDV and ASTRA brands) has been transferred today to Leonardo S.p.A. (EXM: LDO), a leading ...

ROME, July 31 (Reuters) - Shares in Iveco (IVG.MI), opens new tab dropped as much as 6% on the Milan bourse in early market trade after the Italian truck maker sold its defence business to Leonardo ...

Iveco Group NV confirmed it is planning to break up the company, saying it is in advanced discussions to sell its defense unit and the commercial truck manufacturing operations to separate buyers. The ...