Which Indian industrial group has aquired Italian commercial vehicle manufacturer Iveco for €3.8 billion?
Answer & explanation
Correct answer: option 1
The correct answer is Option 1: Tata Motors
Tata Motors has announced its largest acquisition since Jaguar Land Rover (2008) by agreeing to acquire Italian commercial vehicle manufacturer Iveco for €3.8 billion (excluding its defence business). This also marks the Tata Group’s biggest deal since acquiring Corus in 2007.