NEW DELHI, Oct. 27 -- Tata Motors Ltd has completed the acquisition of Italian truckmaker Iveco Group, marking a major step in the Indian commercial vehicle giant's expansion into global markets and new product segments. The deal comes after a 15-month process that faced delays and resistance from some minority shareholders over the offer price.

An update on the Italian stock exchange late on Monday, showed that the transaction had been completed after the tender offer for Iveco shares closed with nearly 88% of the shares tendered, paving the way for the integration of the two commercial vehicle businesses. The acquisition, first announced in July 2025, has an enterprise value of about $4.5 billion.

The increase in tendering on Monday s...