Welcome, Guest! - Register - Login,Online: 155 About Moldova | Visiting Moldova | About Us |  
 Moldova.org / Auto English | Romanian | Russian  
 




India's Tata may begin Jaguar due diligence
India's Tata Motors Ltd. may start next week to acquire Ford Motor Co's Jaguar and Land Rover brands, Reuters cites the Hindustan Times reporting. The paper quoted a source close to the transaction saying that Senior Tata officials are already in London and they will start due diligence from next week. A spokesman for Tata declined comment. A person familiar with the matter said last week that Tata and its local rival Mahindra & Mahindra Ltd., along with U.S. buyout firms TPG and Ripplewood, were among those that land roverhave expressed interest in the British marques. The Hindustan Times said Citigroup was believed to be advising on the deal Tata, India's top bus and truck maker.

The newspaper also said Arun Gandhi was expected to lead the team of negotiators. Arun Gandhi is a director in the Tata group whom was involved in Tata Steel's acquisition of Corus. Ford said last month it was working with financial advisers on the best options for Jaguar and Land Rover. Sources have said Goldman Sachs, HSBC and Morgan Stanley are the banks on the deal.
Publication date: 29 July 2007 / All News...

Related links
 

Add to My Yahoo!    News
The Company GM proposed to Europeans a special version of Hummer H3
The Company General Motors proposed to Europeans customs the version of Hummer H3 – Sensation. As the site Carscoop informs, the special version of SUV has the same price as the base version H3 with a 3,7 liter engine and robot gear shift lever. However Hummer H3 Sensation is equipped with additional equipment of four thousand euro, but the costumers shouldn’t pay for that. The more...
Honda FCX - Clarity Fuel Cell Vehicle
Honda Motor Co., Ltd. unveiled the Japan model of its FCX Clarity fuel cell vehicle, which will also be displayed at the Environmental Showcase at the G8 Hokkaido Toyako Summit that begins July 7, 2008. Leasing in Japan is scheduled to begin November 2008. Initially, leases are to be limited to government agencies and certain corporate customers. Numerous FCX Clarity events are to be held begi more...
The first photos with Audi A5 cabriolet
The british press AutoExpress has published the first spy pictures of the new version of Audi A5, being shot during the test in Switzerland. The long cabriolet A5 will be presented this next year at the international auto show in Paris. The novelty was shot without any camouflage, that’s why it is easy to observe the smooth convertible deck, and also cabriolet pattern exterior, practical more...

The most read news
 


Auto



© 1997-2008 moldova.org - All rights reserved. moldova.org is a registered mark by Moldova Foundation.
Please read the conditions when you can benefit from our services. Design and programming by Adpixel.biz