EU regulatory approvals for Tata Motors’ $4.4 bn Iveco deal run behind schedule

Subject to approvals

“The proposed transaction remains subject to obtaining customary regulatory approvals, which are currently under review and in process by the relevant authorities in the jurisdictions,” a spokesperson for Tata Motors said. Mint in an emailed response.

“Most of the approvals have already been received and the pending ones are being actively worked on to close them as soon as possible. Tata Motors continues to engage constructively with relevant regulatory bodies and will provide updates when appropriate,” the spokesperson added.