#Latest news with #potentialbuyersWall Street Journal15-05-2025AutomotiveWall Street JournalIveco to Continue Defense Spinoff Preparations While Considering SaleIveco IVG 0.09%increase; green up pointing triangle Group said it would continue to prepare for a spinoff of its defense unit while it explores interest in the business from potential buyers. The Italian truck maker said it recently received preliminary expressions of interest for its defense business from potential buyers and the company's board mandated management to explore them while continuing with work for a possible spinoff.
Wall Street Journal15-05-2025AutomotiveWall Street JournalIveco to Continue Defense Spinoff Preparations While Considering SaleIveco IVG 0.09%increase; green up pointing triangle Group said it would continue to prepare for a spinoff of its defense unit while it explores interest in the business from potential buyers. The Italian truck maker said it recently received preliminary expressions of interest for its defense business from potential buyers and the company's board mandated management to explore them while continuing with work for a possible spinoff.