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Sign InItalian truckmaker Iveco reported a significant shift in its financial performance, posting an adjusted net loss of 74 million euros for the first quarter. This figure stands in stark contrast to the 60 million euro profit recorded during the same period last year. Alongside the earnings report, the company provided a strategic update regarding its pending acquisition by India's Tata Motors. Iveco expects the takeover to officially close during the third quarter of this year, providing a definitive timeline for the transition. The quarterly loss highlights the challenges faced during this pre-acquisition phase as the company prepares for integration. Investors are now focusing on how the Tata Motors deal will stabilize long-term valuation and operational growth.