Friday, October 12, 2007
Ford extends bids deadline for Jaguar and Land Rover
Ford Motor Company's deadline for offers for its up-for-sale Jaguar and Land Rover divisions has slipped again, fuelling concern among potential buyers that they are spending millions on preparing bids despite getting no guarantee that the car giant is determined to sell.
Indicative offers for the two British marques were expected to be delivered by next week, but Ford has now given the private equity and trade buyers which have registered an interest until early next month to begin tabling bids.
DATED: 12.10.07
FEED: AW
Indicative offers for the two British marques were expected to be delivered by next week, but Ford has now given the private equity and trade buyers which have registered an interest until early next month to begin tabling bids.
DATED: 12.10.07
FEED: AW