Tata Motors set to acquire Italian truck maker Iveco for $4.5 billion in its biggest deal to date

Mumbai: Tata Motors is all set to buy Italian truck maker Iveco from its principal shareholder, the Agnelli family, for $4.5 billion (3.9 billion, making it the Tata Group’s second-largest acquisition after Corus and the largest ever for the automobile major, people aware of the discussions told ET.