UPDATE 1-Three remain in running for Ford brands -source


(Recasts with source comments By Mathieu Robbins and Devidutta Tripathy PARIS/MUMBAI, Dec 21 (Reuters) - Three bidders for Ford's Jaguar and Land Rover marques remain in the process, said a person familiar with the matter on Friday, but India's Tata still looks favourite to seal a deal which may not come until new year. Tata Motors , rival Mahindra & Mahindra and U.S.-based private equity firm One Equity Partners emerged last month as the last bidders left in the race for the two ...

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