Tata Motors Secures $4.5bn Bridge Loan to Fund Iveco Acquisition
Mumbai, September 11 (Patrika English News): Tata Motors is arranging a €3.875 billion ($4.5 billion) bridge loan to finance its planned acquisition of the commercial vehicle (CV) division of Italy’s Iveco Group, according to reports. The loan, with a 12-month tenure, is supported by a letter of backing from Tata Sons, the Tata Group’s investment … Read more