Iveco stock: Tata Motors advances to 96.25% stake
Published on 11/10/2026 at 11:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTata advances toward full Iveco control
- Tata Motors crossed the ownership threshold needed to pursue a Dutch legal squeeze-out.
- Payment for shares tendered during the reopened offer is scheduled for November 13, 2026.
- The remaining procedure and its terms are due in a separate market announcement.
Tata Motors is moving Iveco Group toward a full takeover after its indirect subsidiary TML CV Holdings B.V. reached a 96.25 percent stake following the reopened tender offer. Iveco Group published the final results on Monday, November 9, 2026, in a release carried by Iveco Group.
Offer clears key ownership threshold
Shareholders tendered 18,203,217 common shares during the reopening, equal to 6.71 percent of Iveco's common share capital. Added to the 238,157,212 shares accepted during the initial period, the tender leaves TML CV Holdings with 256,360,429 shares after the payment date, while Iveco's 4,868,597 treasury shares are excluded from the calculation.
The offer price is 14.40 euros per share. It combines the original 14.10-euro consideration with an additional 0.30 euros announced on October 9. Payment for the shares tendered during the reopening is scheduled for Friday, November 13, against the simultaneous transfer of ownership to the offeror.
Remaining shareholders face squeeze-out
Because the offeror and its affiliates have reached at least 95 percent of the issued and outstanding share capital represented by common shares, TML CV Holdings said it will commence a Dutch legal squeeze-out. The process covers 9,986,374 shares, or 3.68 percent of Iveco's common share capital.
The announcement says the squeeze-out will not be preceded by the previously proposed demerger and share sale. Its timing, procedures and terms will be communicated in a separate release. Borsa Italiana will order suspension of trading and/or delisting while the Dutch process is completed, according to the company statement.
Takeover timetable sets the next catalyst
Iveco stock traded at 14.40 euros on Lang & Schwarz at 11:41 CET on Tuesday, November 10, 2026. The tender price and the scheduled payment date give investors a defined near-term transaction timetable, while the later squeeze-out terms remain the next material detail for holders who did not tender.
Iveco Group transaction snapshot
- Company: Iveco Group N.V.
- ISIN: NL0015000LU4
- Offeror: TML CV Holdings B.V., an indirect Tata Motors subsidiary
- Offer price: 14.40 euros per share
- Payment date: November 13, 2026
- Remaining shares for squeeze-out: 9,986,374
- Lang & Schwarz quote: 14.40 euros at 11:41 CET on November 10, 2026
The FTSE MIB provides the relevant Italian market backdrop for Iveco's Milan listing.
