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Reuters: Tata to buy Ford brands for $2.3 billion

Started by chris, March 26, 2008, 07:01:03 PM

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chris

Tata to buy Ford brands for $2.3 billion
      


MUMBAI/DETROIT (Reuters) - India's Tata Motors Ltd announced a $2.3 billion deal on Wednesday to buy Jaguar and Land Rover from Ford Motor Co, a transaction that gives the Indian automaker a line-up ranging from the world's cheapest car to some of its more expensive.
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