Indian group poised for £1bn cars deal

India’s Tata conglomerate today looked to be in pole position to complete the £1bn (€1.4bn) acquisition of Ford’s Jaguar and Land Rover car marques.

Indian group poised for £1bn cars deal
Fri, 21 Dec, 2007 - 08:09

India’s Tata conglomerate today looked to be in pole position to complete the £1bn (€1.4bn) acquisition of Ford’s Jaguar and Land Rover car marques.

The tea and steel maker is to be named as favoured suitor for two of Britain’s most famous car names after a six-month takeover tussle.

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