Tata motors again succeeded in cross border acquisition by acquiring Jaguar & Land Rover by beating its rival Mahindra & Mahindra. Deal is estimated to be valued between 2 – 2.5 billion USD. But till now there is no formal announcement from either the acquirer or the acquire company. Formal announcement is expected to be revealed at 5:30 pm (IST).
Wednesday, March 26, 2008
India leading auto makers “Tata Motors” has acquired the Jaguar & Land Rover:
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