Blog: Tata in pole
Dave Leggett | 26 November 2007
I guess we're getting closer to a decision on Jaguar-Land Rover. A preferred bidder might be chosen by Ford within the next few weeks. Is Tata ahead of the pack, as some reports are suggesting? Maybe, but there's a lot more talking to be done yet and it's far from a done deal at this stage. One Equity ought to be able to put a decent case up. Who wants it most and is prepared to put the readies where the mouth is?
With Landy making money, the big medium term question for the next buyer becomes what to do about Jaguar, hit on its hands with XF or not.
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