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Leonardo Makes €1.6 Billion Bid For Iveco Defense Unit Amid Political Pressure

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Aaron Kirchfeld, Eyk Henning, Alberto Brambilla, Daniele Lepido

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July 10, 2025

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Bloomberg

Leonardo SpA made the lowest offer for Iveco Group NV’s defense unit amid political pressure to keep the business in Italian hands, according to people familiar with the matter.

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