Tata, Jaguar & Land Rover deal
American car-maker Ford is expected to finalise the deal with Indian conglomerate Tata for the sale of luxury brands, Jaguar and Land Rover, by nextd. Ford is expected to seal the sale of Jaguar and Land Rover to Tata, next week after the American car-maker recently agreed to pump hundreds of millions of pounds into the pension fund to smooth the process. The deal is expected to be welcomed by unions, who believe that there is no immediate threat to British jobs or manufacturing.
|