Iveco to split up as Leonardo and Tata strike €5.5B deal
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 30 2025
0mins
Source: SeekingAlpha
Iveco Group Acquisition: Iveco Group will be split in two transactions totaling approximately €5.5 billion, with its defense arm being acquired by Leonardo for about €1.7 billion and the remaining business sold to Tata Motors for around €3.8 billion, enhancing Tata's presence in Europe's commercial vehicle market.
Shareholder Impact and Market Trends: Shareholders are expected to receive €14.10 per share from Tata, plus a one-off dividend related to the Leonardo deal, potentially raising total proceeds to €20.10 per share; this acquisition reflects a broader trend of consolidation in the European defense sector following increased military spending due to geopolitical tensions.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.








