Tata Motors Ltd (TMCV)
Press Release
TML CV Holdings B.V., a wholly owned subsidiary of Tata Motors, has obtained all required regulatory authorisations for its voluntary totalitarian tender offer for all common shares of Iveco Group N.V. Authorisations include approvals from UK FCA, Bank of Spain, and European Central Bank. The offer document will be published after Consob review. The offer targets all Iveco shareholders equally and will be launched in Italy and the US, subject to applicable laws.
Source: Original filing PDF
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Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
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