Tata Motors secures 89.42% stake in bid for Iveco stock
Published on 10/27/2026 at 09:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTender offer timeline
- Tata Motors secured a provisional 89.42 percent stake in Iveco on October 27, 2026.
- The final offer remains EUR 14.40 per share, with results scheduled for October 29, 2026.
- Iveco stock was trading at EUR 14.38 at 9:37 a.m. CEST at Lang & Schwarz on October 27, 2026.
Iveco (ISIN NL0015000LU4) was trading at EUR 14.38 at Lang & Schwarz on October 27, 2026 at 9:37 a.m. CEST. Tata Motors secured a provisional 89.42 percent stake after its tender offer received acceptances for 87.81 percent of Iveco's common share capital, according to Moneycontrol on October 27, 2026.
Offer clears the threshold
The provisional result moves Tata Motors' proposed acquisition closer to completion, but the transaction still has formal steps ahead. The tendered shares totaled 238.16 million, while the revised offer values the accepted shares at EUR 3.43 billion.
The revised bid is EUR 14.40 per share, up from the original EUR 14.10 offer. The increase was announced on October 9, 2026, after delays in securing regulatory authorizations, as Fortune India reported.
Three dated steps shaped the bid
On October 9, 2026, Tata Motors raised the offer from EUR 14.10 to EUR 14.40. On October 16, 2026, Iveco shareholders approved a reduction in the minimum acceptance threshold from 95 percent to 80 percent. On October 26, 2026, the acceptance period closed with 238.16 million shares tendered, according to Moneycontrol.
What happens on October 29?
The next confirmed milestone is the final results announcement on October 29, 2026. Payment for shares accepted in the initial window is scheduled for October 30, 2026, while a further acceptance period is planned for November 2 through November 6, with payment scheduled for November 13, 2026, according to ETAUTO.
Stock price and takeover terms
The EUR 14.40 offer is EUR 0.02 above the Lang & Schwarz price in this morning's indication. For investors, the key near-term issue is whether the provisional acceptance level converts into final results and settlement under the announced timetable.
Iveco stock was trading at EUR 14.38 at Lang & Schwarz on October 27, 2026 at 9:37 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Iveco stock.
Iveco stock key facts
- Company: Iveco Group N.V.
- ISIN: NL0015000LU4
- Ticker: IVG.MI
- Price Lang & Schwarz (as of October 27, 2026, 9:37 a.m. CEST): EUR 14.38
- Sector / Industry: Consumer Cyclical / Auto - Manufacturers
Market context: Market report FTSE MIB.
