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 ]
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