Tata Motors’ $4.5B Iveco bid sends shares sliding: here’s why investors are wary

Tata Motors took a hit on Wednesday, with shares falling more than 4% after reports surfaced about a possible $4.5 billion bid for Italian truckmaker Iveco. The story, first picked up by European media outlets and quickly echoed in Indian financial circles, suggests the deal is in an advanced stage, though neither company has issued […]