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Iveco Defense Talks With Leonardo Advance, Pave Way on Tata Deal

Summary by 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 commercial trucking business to India’s Tata Motors Ltd., according to people familiar with the matter.

Bias Distribution

  • 100% of the sources lean Left
100% Left

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Bloomberg broke the news in United States on Friday, July 25, 2025.
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