Deadline for LR, Jaguar sale
Sunday, July 08 - 2007 at 13:49
Ford has issued a 19 July 2007 deadline for companies to submit indicative offers for UK car brands Jaguar and Land Rover, the Sunday Times reports. Ford has hired three banks to advise on options - HSBC, Goldman Sachs and Morgan Stanley - but is yet to announce publicly the brands are for sale. The companies are expected to be sold as a single unit, but analysts say that an actual sale is some time off.
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James McInerney, News EditorSunday, July 08 - 2007 at 13:49 UAE local time (GMT+4)
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