RPT-UPDATE 5-Tata to buy Ford's Jaguar, Land Rover for $2.3 bln

Newswire

(Repeats story from Wednesday) (Adds deal advisers, updates share price) By Sumeet Chatterjee and Kevin Krolicki MUMBAI/DETROIT, March 26 (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. For Tata, which plans to launch the ultra-cheap $2,500 Nano or "People's Car," the addition of the ...

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