Tata Motors Passenger Vehicles acquires Jaguar, Land Rover and Range Rover
Tata Motors acquired Jaguar and Land Rover from Ford for about $2.3 billion in cash. Ford had paid roughly $2.5 billion for Jaguar in 1989 and $2.7 billion for Land Rover in 2000, so it sold both together for less than it had paid for either.
- Value
- $2.3bn
- Seller
- Ford
- Regulatory
- None recorded