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Thursday, 20 March 2008

Tata will get JLR on 26th

The process of acquisition of prestigious British car brands Jaguar and Land Rover is finally nearing completion. It seemed to drag on forever. Ford is finally signing on the dotted line to hand over the brands to Tata Motors. They hope to wrap the whole thing up by 26th March.

The JLR deal has generated much interest in the global media. Tata Motors got very bad press coverage from US and UK. Inspite of it all, they have finally closed the deal. There were a series of hurdles in Tata’s way towards these acquisitions. After clearing these hurdles one at a time, the company is finally set to acquire Jaguar and Land Rover completely.

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2 Comments:

At 24 March 2008 11:49 , Anonymous RS@gmail said...

Hmmm...look indians are ready to take over the rule on Jaguar and Land Rover.Now we have to waoit and watch for the further development.

 
At 25 March 2008 19:39 , Anonymous green frog said...

It has been a long battle for Tata Motors to convince people connected with JLR to hand over the car brands to them. It is certainly a hard earned victory for Ratan Tata. He will have all the right to smile loudly when the deal is finally over this month(hopefully).

 

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