It is said that IVECO weighs the sale of the defense unit for $ 1.6 billion

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Iveco Magirus military truck

GESTUR Gislanon/Istoc

Italian truck manufacturer IVECO (OTCPK: IVCGFIt may aim to secure up to 1.5 billion euros (1.6 billion dollars) through the potential sale of its defensive business. This step comes with an increase in defense budgets throughout Europe



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