Tata Motors: to sell unit stakes to help fund deal


MUMBAI, March 26 (Reuters) - India's Tata Motors Ltd will divest stakes in various units to help finance the deal to buy luxury brands Jaguar and Land Rover from Ford Motor Co , its chief financial officer said on Wednesday. "Tata Motors is also reviewing an undertaking, putting in place a disinvestment programme, unlocking value from some of our investments in various subsidiaries," C. Ramakrishnan told a teleconference after the $2.3 billion deal was announced. "That plan is getting ...

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