Tatas bid $2 bln for Jaguar, Land Rover - report


MUMBAI, Dec 19 (Reuters) - India's Tata Motors has offered $2.05 billion for Ford Motor Co's Jaguar and Land Rover brands, according to a Press Trust of India report carried in local newspapers on Wednesday. A Tata Group spokesman declined comment on the report. The report, quoting sources close to the development, said rival Indian car firm Mahindra & Mahindra had offered $1.90 billion. A person close to the matter told Reuters this week that Tata Motors was most likely to become ...

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