Wednesday, June 13, 2007
Ford hides behind 'speculation' on PAG rumours
A FORD US spokesman, yesterday, declined to comment on reports that investment banks had been called-in to advise on the sale of Volvo Jaguar and Land Rover.
He described the newspaper reports as 'speculation'.
Fiat, Renault and private equity firm, Alchemy, have all distanced themselves from other rumours of an interest in buying just the two British brands - Jaguar and Land Rover.
But the rumours of a possible interest by Alchemy Partners certainly worried the unions.
DATED: 13.06.07
FEED: AW
He described the newspaper reports as 'speculation'.
Fiat, Renault and private equity firm, Alchemy, have all distanced themselves from other rumours of an interest in buying just the two British brands - Jaguar and Land Rover.
But the rumours of a possible interest by Alchemy Partners certainly worried the unions.
DATED: 13.06.07
FEED: AW
