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-GS- · 28th July 2007, 00:54

CNBC-TV18 has learnt that Ford favours Tatas in the Jaguar deal, but the Labour Union holds the key.
Sources said that the Tata bid is likely to be in the USD 2-2.5 billion range. Union consensus is needed to seal the Jaguar, Land Rover deal. According to sources, the agreement has a five-year no-retrenchment and no closure clause.

Source:http://www.moneycontrol.com/india/ne...c/00/45/294976
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28th July 2007, 00:54	#48 (permalink)
-GS- BHPian Join Date: Feb 2007 Location: Delhi Posts: 352	CNBC-TV18 has learnt that Ford favours Tatas in the Jaguar deal, but the Labour Union holds the key. Sources said that the Tata bid is likely to be in the USD 2-2.5 billion range. Union consensus is needed to seal the Jaguar, Land Rover deal. According to sources, the agreement has a five-year no-retrenchment and no closure clause. Source:http://www.moneycontrol.com/india/ne...c/00/45/294976 [FONT=Arial][SIZE=2] [/SIZE][/FONT] __________________ Ability is nothing without opportunity - Napoleon Bonaparte