UPDATE 1-Tata Motors plans 3 rights issues to fund Jag deal


(Adds details, share price) MUMBAI, May 28 (Reuters) - India's Tata Motors Ltd , will raise up to $1.7 billion through three simultaneous but unlinked rights issue to help fund its purchase of the Jaguar and Land Rover brands, sending its shares up on Wednesday. Tata Motors, which plans to launch the world's cheapest car later this year, said after the rights issues it would go ahead with previously announced plans to raise $500 million to $600 million by issuing securities on foreign ...

Premium Content (PAID Subscription Required)

"UPDATE 1-Tata Motors plans 3 rights issues to fund Jag deal" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Mar 8, 2018

Toyota Camry Hybrid 2.5L Atkinson 4-Cyl. – 2018 Award Acceptance

Masashi Hakariya, project manager-engine development at Toyota, accepts award for Toyota Camry Hybrid at 2018 Wards 10 Best Engines ceremony....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×