Will TATA secure Jaguar and Land Rover off Ford’s hands?
It is time for TATA Motors to be global global after TATA Steel took over CORUS. Tata’s bid is as much as $1 billion above those of other contenders.
TATA, Mahindra & Mahindra, and New York’s One Equity Partners, are the only bidders. Ford, which is looking to pocket $2 billion from the sale, may not announce a winner for a few months.
Will the Indian auto giant manage to take Jaguar and Land Rover off Ford’s hands?
[full story at Business week ]
Published on 27 Nov 2007 | Company & Markets
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