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Tata to buy Land Rover, Jaguar
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Skyline
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Tata to buy Land Rover, Jaguar
kad vec dizemo prasinu
New Delhi - Indian carmakers Tata Motors and the Mahindra group are considering separate bids to buy luxury British car brands Jaguar and Land Rover from struggling US carmaker Ford, according to media reports on Thursday.
Ford announced last month that it was considering selling off the two iconic marques as it restructures its North American operations.
Media reports have pegged the deal as worth around $1.3bn to $1.5bn.
Tata, India's biggest automobile company, has appointed advisors to evaluate a bid and signed a confidentiality agreement with Ford to access financial details of the two brands which have a combined British workforce of 19 000, the Business Standard daily quoted unnamed sources as saying.
The move would be in keeping with Tata group's growing appetite for overseas acquisitions.
Earlier this year, Tata Steel bought Anglo-Dutch steelmaker Corus for $13.7bn, India's biggest ever foreign takeover.
Leading tractor and utility vehicle maker Mahindra and Mahindra, which formed a joint venture this year with France's Renault and Japan's Nissan, had also signed a confidentiality agreement with the US carmaker, the Economic Times reported.
Ford bought Jaguar in 1989 for $2.5bn and Land Rover from Germany's BMW in 2000 for $2.7bn.
Spokespersons for Tata and Mahindra declined to comment.
The Economic Times said Mahindra and Mahindra's real interest is in Land Rover, but since the two brands are being offered as a package deal it is looking at a combined bid.
Understeer is a crime - Colin McCrae
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| 07-24-2007 09:35 AM |
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Sajo_Turbo
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RE: Tata to buy Land Rover, Jaguar
My dream cars: Porsche 959, GT1, GT2, GT3; - BMW M3 CSL, 850CSi, M5 (E60) and of course Bugatti Veyron
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| 07-24-2007 09:47 AM |
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Skyline
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RE: Tata to buy Land Rover, Jaguar
Ford prodao Volvo - a by the way,...
Nadam se da su se glasine obistinile i da ga je BMW kupio 
moze, ali samo neka Volvo ostane Volvo
Understeer is a crime - Colin McCrae
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| 07-24-2007 11:16 AM |
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herkules
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RE: Tata to buy Land Rover, Jaguar
Ford prodao Volvo - a by the way,...
Nadam se da su se glasine obistinile i da ga je BMW kupio 
moze, ali samo neka Volvo ostane Volvo
Kvalitet kupuje kvalitet...
...0-100KM/h 9.3sec 402m-17.2sec
Testirano G-techom
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| 07-24-2007 11:35 AM |
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Faya_M5
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RE: Tata to buy Land Rover, Jaguar
Ford prodao Volvo - a by the way,...
Nadam se da su se glasine obistinile i da ga je BMW kupio 
moze, ali samo neka Volvo ostane Volvo
Ma ostace, jer Volvo nije propao pa da ga kupuje, nego jednostavno Fordu trebale pare pa ga prodo...Volvo ce ostat Volvo, kako god
The only Power is ///M POWER, all others are SUCKERS!!!
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| 07-24-2007 11:46 AM |
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Skyline
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RE: Tata to buy Land Rover, Jaguar
nadam se jos i bolji, obzirom da BMW zna znanje, samo da ga ne BMW-izuju, zato sto svedjanin ima smeka takav kakav je
Understeer is a crime - Colin McCrae
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| 07-24-2007 11:53 AM |
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Sajo_Turbo
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RE: Tata to buy Land Rover, Jaguar
Ford prodao Volvo - a by the way,...
Nadam se da su se glasine obistinile i da ga je BMW kupio 
moze, ali samo neka Volvo ostane Volvo
I ja bih volio da volvo ostane volvo i mislim da ce tako i biti,...
My dream cars: Porsche 959, GT1, GT2, GT3; - BMW M3 CSL, 850CSi, M5 (E60) and of course Bugatti Veyron
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| 07-25-2007 11:13 AM |
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