Iveco

Italian defence company Leonardo has completed the acquisition of Iveco Group’s Defence Business, including the IDV and ASTRA brands, in a deal valued at €1.6 billion following contractual adjustments. The transaction, financed through available cash resources, corresponds to the previously disclosed enterprise value of €1.7 billion.

Leonardo completes €1.6 billion acquisition of Iveco military vehicle business to strengthen European land systems portfolio

Italian defence company Leonardo has completed the acquisition of Iveco Group’s Defence Business, including the IDV and ASTRA brands, in a deal valued at €1.6 billion following contractual adjustments.

Leonardo completes €1.6 billion acquisition of Iveco military vehicle business to strengthen European land systems portfolio Read More »