July 30 (Reuters) - Leonardo SpA LDOF.MI:
TO ACQUIRE IVECO DEFENCE
ENTERPRISE VALUE OF THE TRANSACTION AT EUR 1.7 BILLION
LEONARDO, IN COLLABORATION WITH ITS PARTNER RHEINMETALL, WILL EVALUATE POTENTIAL OPPORTUNITIES ON THE HEAVY VEHICLE SYSTEM
CLOSING OF THE TRANSACTION IS EXPECTED IN THE FIRST QUARTER OF 2026, SUBJECT TO REGULATORY APPROVALS
ACQUISITION WILL ALSO BOOST JOINT COMMERCIAL POSITIONING, LEVERAGING COMPLEMENTARY NATURE OF TWO COMPANIES’ SALES NETWORKS AND THE ABILITY TO OFFER INTEGRATED SOLUTIONS IN HIGH-POTENTIAL MARKETS
Further company coverage: LDOF.MI
(Gdansk Newsroom)
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