New Delhi, Oct. 12 -- Tata Motors Ltd has raised its offer price for Iveco Group NV, but three major institutional shareholders have yet to tender their shares, putting the acquisition at risk as the October 26 deadline approaches. The tender offer for the acquisition that was announced in July 2025 had attracted acceptances for just 28.4% of the shares by the latest available count, with less than two weeks remaining. Tata Motors raised its offer price by 2% to €14.40 per share on October 9, after activist investor Petrus Advisers publicly rejected the original offer on 29 September. The three investors-hedge funds Davidson Kempner and Syquant Capital, and activist investor Petrus Advisers-are among Iveco's largest shareholders after...