ROME (Reuters) -The Italian government has given its conditional approval to the sale of truck-maker Iveco to India’s Tata Motors, a parliamentary document showed on Friday.
The decision was made on October 31, the document added.
Tata Motors has agreed to buy Iveco in a deal valued at 3.8 billion euros ($4.36 billion), after the truck-maker separately agreed to sell its defence business to Italian state-backed defense group Leonardo.
(Reporting by Giuseppe Fonte, editing by Gavin Jones)
