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Monday, 5 May 2008

3B for JLR

The Jaguar and Land Rover deal is far from over. The intended fund raising of $ 3 billion for the buyout is likely to be completed by this month. Tata is likely to settle the deal after the payment of the amount to the ex-owner Ford Motors, USA. The deal is likely to push Tata on global map. An initial consortium of eight banks was interested to raise the desired amount.

It is amazing that International banks have shown so much interest in an Indian company’s intention to buyout a luxury brand. The process is long but a very transparent one. Only Tata could accomplish such a transparent trade off where in all transaction are like an open book.

Tata is surely a leader not only for its character but also for its achievements internationally.

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1 Comments:

At 06 May 2008 14:37 , Anonymous Ta-ta said...

The deal made india proud. Tata is the first Indian car maker to acquire such a prestigious deal of premium cars.As this is an investment, so the figure $ 3 billion is just an initial one.

 

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