Iveco's IDV defence division has been growing amid a global military spending push and could benefit from a new wave of expected M&A activity. IDV posted a 10% operating profit margin last year ...

could benefit indirectly from the military boom. "This makes a lot of sense," he said. Iveco's shares have rocketed since saying earlier this month it could spin off its IDV defence division this ...

Iveco Group said on Friday it was considering spinning off its defence business, sending its shares up as much as 16%, as the truck and bus maker forecast a modest increase in operating profit this ...