Tatas, Ford discuss 15-20 deals for Jaguar-report

Newswire

MUMBAI, Jan 18 (Reuters) - India's Tata Motors may pay much more than an expected $2 billion for Ford Motor Co's Jaguar and Land Rover brands because of pension liabilities and the cost of Ford's future support, an Indian paper reported on Friday. Earlier this month Ford named Tata Motors, which unveiled the world's cheapest car last week, as the front-runner to buy its luxury brands and said it would proceed with "focused negotiations at a more detailed level". The Times of India ...

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