Monday, June 11, 2007
Ford reportedly ready to sell PAG
Alchemy ready to take Jaguar and Land Rover
THE TOPIC of the ownership of Jaguar is again at the top of the headlines.
Automotive News Europe is reporting today that Ford has hired investment banks Goldman Sachs and Morgan Stanley to sell the whole of its Premier Automotive Group (PAG), which not only includes Jaguar but, also, Land Rover and Volvo.
The London City AM newspaper, today, further reports that private equity firm, Alchemy Partners, is putting together a £3bn bid for Jaguar and Land Rover.
DATED: 11.06.07
FEED: AW
THE TOPIC of the ownership of Jaguar is again at the top of the headlines.
Automotive News Europe is reporting today that Ford has hired investment banks Goldman Sachs and Morgan Stanley to sell the whole of its Premier Automotive Group (PAG), which not only includes Jaguar but, also, Land Rover and Volvo.
The London City AM newspaper, today, further reports that private equity firm, Alchemy Partners, is putting together a £3bn bid for Jaguar and Land Rover.
DATED: 11.06.07
FEED: AW
