India's Tata may begin Jaguar due diligence-paper

Newswire

MUMBAI, July 28 (Reuters) - India's Tata Motors Ltd. may start due diligence next week to acquire Ford Motor Co's Jaguar and Land Rover brands, the Hindustan Times reported on Saturday. "Senior Tata officials are already in London. They will start due diligence from next week," it quoted a source close to the transaction as saying. A spokesman for Tata declined comment. Tata and its local rival Mahindra & Mahindra Ltd. , along with U.S. buyout firms TPG [TPG.UL] and Ripplewood, ...

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