The Mahindras have also orchestrated several takeovers in recent times particularly in the auto components area but these have been low profile. Besides, while the Tatas are firmly entrenched in automobiles, the Mahindra profile is more that of a tractor manufacturer. They have the indigenously designed SUV the Scorpio and a joint venture with Renault, which began producing the Logan earlier this year. The Jaguar Land Rover deal is likely to have a price tag of some $3 billion. The Tatas have played in this league before: The Corus bid was $8. 1 billion. The Mahindras are a $6 billion group.
legally constrained from giving any kind of response on this topic, he says. And Ford spokesperson John Gardiner says, are complex commercial discussions and we believe it is in the best interest of all parties that they are carried out in a confidential manner. He adds, however, that things are moving. anticipate an agreement by early next year at the latest, he says. What has tilted the unions the Tatas way is their track record. The group took over British steelmaker Corus last year and everybody seems happy. There have been no job losses, and Tata Steel technology and techniques have resulted in significant cost savings.
considerable emotion. That could well mean that Ford might prefer to deal with a known entity (such as the Tatas) rather Puma Rihanna Fenty Shoes than with private equity investors who could potentially dismember Jaguar and Land Rover and sell off the parts piecemeal. So far, no one is willing to discuss details of the deal. The Tatas are understandably silent. Mahindra Mahindra (M CEO Anand Mahindra is equally circumspect.
however, need not mean that they are a shoo in to acquire Jaguar and Land Rover. desperately needs money, so if the Tatas have a limit on what they might bid, and some of Puma Creepers On Rihanna
the private equity players bid higher, the Tatas could still lose out to them, he explains. Still, he notes, the sale of Land Rover the last major British auto maker still arouses Puma Velvet Rihanna