harryccc Posted March 25, 2008 Report Share Posted March 25, 2008 Well, its just not the steel industry to acquire an Overseas company, TATA steel who acquired Corus Steel, the largest deal ever an Indian company to acquire an UK company. The Auto Industry has stuck the next largest deal, TATA Motors to buy JLR (Jaguar & Land Rover) to an estimated price of $2.65 bn. Well the sign off is expected tomorrow once London wakes up for the morning. Experts believe that TATA is paying slightly paying more than the actual worth of JLR anyways its the TATA group who has done it again to acquire an UK company. After the acquisition, TATA motors can really be an international company having the product range from basic Nano to luxury Jaguar and Land Rover! Congrats Mr Ratan Tata, Way to go!!! harryccc2008-03-25 12:25:00 Link to comment Share on other sites More sharing options...
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