
US antitrust authorities have cleared India's Tata Motors Ltd's purchase of Jaguar and Land Rover from Ford Motor Co.Antitrust authorities completed their review of the $2.3 billion deal without taking any action to block it, the U.S. Federal Trade Commission.
In March, Tata announced it would buy Jaguar and Land Rover, giving the Indian automaker a line-up of products ranging from the world's cheapest car to some of the most expensive.
Related Stories:
Ford sells Jaguar/Land Rover to Tata-source
SBI, others to raise $3 bn for Tata Motors
No comments:
Post a Comment