Tuesday, November 06, 2007
Ford shortlist speculated to have third bidder
Mahindra & Mahindra is thought to have emerged as one of three bidders that have been shortlisted by Ford for the purchase of Jaguar and Land Rover.
The carmaker has been listed alongside Tata, the Indian conglomerate, and OneEquity, fronted by the former Ford chief executive Jacques Nasser.
Mahindra & Mahindra is a carmaking rival of Tata.
Unions are scheduled to meet the shortlisted bidders later this month.
DATED: 06.11.07
FEED: MT
