India | Mergers & Acquisitions Tata Motors acquires Marcopolo’s shares in the 16-year-old Indian bus JV By RACE Innovations Pvt Ltd – 7th December 2022 A period of some 18/19 months has elapsed following the decision and signed MoU by Tata Motors and Marcopolo for Tata Motors to buy the Brazilian company’s shares in the Indian bus building joint venture.