Homoatrox
The firm is negotiating with possible purchasers, including Leonardo, which could place a bid together with Germany's Rheinmetall, its collaborator in a joint venture for tank production in Europe. The sources indicated that the JV might serve as a foundation for collaborating on a deal.
Iveco is likewise assessing potential interest from additional defense firms and private equity funds.
Meanwhile, certain bidders have been discouraged by the company's elevated price demands, according to the agency's sources.
Leonardo, with the Italian government as its primary shareholder, has been in ongoing talks with Iveco regarding the acquisition of its segment since last year; however, the two sides have yet to come to an agreement on the price.
The Corriere della Sera newspaper reported in early March that KNDS NV, BAE Systems Plc, and Czechoslovak Group might be considering a deal as well.
In February, Iveco announced it was contemplating separating its defense division.
source: bloomberg.com
Iveco is likewise assessing potential interest from additional defense firms and private equity funds.
Meanwhile, certain bidders have been discouraged by the company's elevated price demands, according to the agency's sources.
Leonardo, with the Italian government as its primary shareholder, has been in ongoing talks with Iveco regarding the acquisition of its segment since last year; however, the two sides have yet to come to an agreement on the price.
The Corriere della Sera newspaper reported in early March that KNDS NV, BAE Systems Plc, and Czechoslovak Group might be considering a deal as well.
In February, Iveco announced it was contemplating separating its defense division.
source: bloomberg.com