Wednesday, August 08, 2007
Jaguar and Land Rover buyers' shortlist drawn up
Ford is aiming to whittle down the number of potential buyers for its Jaguar and Land Rover brands by the end of next month.
The US automotive manufacturer is believed to be seeking a tentative deal by September 30, suggesting it is looking for a preferred bidder to emerge from the mixture of private equity and automotive companies which have expressed interest.
It may not have ruled out a shortlist of two, leaving open the option of a competitive auction, according to sources.
DATED: 08.08.07
FEED: AW
The US automotive manufacturer is believed to be seeking a tentative deal by September 30, suggesting it is looking for a preferred bidder to emerge from the mixture of private equity and automotive companies which have expressed interest.
It may not have ruled out a shortlist of two, leaving open the option of a competitive auction, according to sources.
DATED: 08.08.07
FEED: AW
