Tata offer becomes unconditional for Iveco stock at 89.42 percent

Published on 10/28/2026 at 10:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The offer became unconditional on October 27, 2026 after 238,157,212 shares were tendered. Iveco stock costs EUR 14.39 against the EUR 14.40 offer.

Tender timetable moves forward

The offer became unconditional on October 27, 2026 after 89.42 percent ownership was secured.
Payment for accepted shares is scheduled for October 30, 2026.
Iveco stock traded at EUR 14.39 at 10:23 a.m. CET at Lang & Schwarz on October 28, 2026.

Iveco, NL0015000LU4, Illustration mit AI erstellt.

Iveco Group stock (ISIN NL0015000LU4) is trading at EUR 14.39 at Lang & Schwarz on October 28, 2026 at 10:23 a.m. CET, while Tata Motors' offer has become fully effective and unconditional. In a release dated October 27, 2026, GlobeNewswire reported that 238,157,212 shares were tendered, giving the offeror 89.42 percent of Iveco's common share capital net of treasury shares.

Offer terms and ownership

The final result matches the provisional acceptance figure, but the legal status has changed materially. GlobeNewswire said all remaining conditions had been satisfied, making the offer effective and unconditional. The consideration is EUR 14.40 per share, consisting of the initial EUR 14.10 price and an additional EUR 0.30.

Three dated takeover steps

On October 26, 2026, the acceptance period closed with 238,157,212 shares tendered. On October 27, 2026, GlobeNewswire carried the announcement that the offer became unconditional. Payment for shares accepted during the initial period is scheduled for October 30, 2026.

What happens after October 27?

The acceptance period will reopen for five trading days from November 2 through November 6, 2026, according to GlobeNewswire. Payment for shares tendered during that reopening is scheduled for November 13, 2026. The release also states that the transaction remains aimed at acquiring the entire share capital and achieving a delisting.

Stock stays near the offer

The Lang & Schwarz indication is EUR 0.01 below the EUR 14.40 offer price. That narrow gap leaves the timetable, settlement and reopening terms as the main company-specific developments for holders of Iveco shares.

The further course of trading is shown by the continuously updated real-time quote of Iveco stock.