Tata and Ford Deal Land Rover and Jaguar
03/25/2008:
Tata and Ford are all set to ink the deal on the future of Land Rover and Jaguar. The first part of the agreement would be the signing of the memorandum of understanding, or MoU, which is expected to be done in London Tuesday and then followed by an official announcement on Wednesday. The acquistion will probably be low key and is expected to fetch USD 2-3 billion for Ford. This will mark a new future for Tata, who recently announced the people's car , the Tata Nano. Tata's Ratan Tata will be at the signing.
Tata and Ford are all set to ink the deal on the future of Land Rover and Jaguar. The first part of the agreement would be the signing of the memorandum of understanding, or MoU, which is expected to be done in London Tuesday and then followed by an official announcement on Wednesday. The acquistion will probably be low key and is expected to fetch USD 2-3 billion for Ford. This will mark a new future for Tata, who recently announced the people's car , the Tata Nano. Tata's Ratan Tata will be at the signing.
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