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Wednesday, November 14, 2007

Car News & Articles : Tata the candidate's strongest buyer Jaguar-Land Rover

(05/11/2007)
Ford Motor Co. accepted at least six bargainings to buy the Jaguar and Land Rover. Tata Motors , the biggest automotive producer in India this including the main interested person with several of Private's companies equity groups like Ripplewood Holdings LLC, TPG Inc., One Equity Partners, and Terra Firma Capital Partners.Jac Nasses, former CEO Ford, was one of the advisers in One Equity Partners bargaining.

Cerberus that currently is in charge of Chrysler and GMAC the possibility will retreat.

Tata could be that was foremost because the jolt of the share market will lately cause difficulties for the Private equity firms to support the package of funding.

Ford announced the sale plan of his English makes in the previous season. Ford also considered sold Volvo. Ford has sold Aston Martin early of this year with the price $931 million.

(source : mobilku.com)
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