It's not going to happen anytime soon. This is a long process and newspapers report that Tata officials are going to start due diligence very soon. Anyway, what I am concerned about is what happens after Tata buys these companies? Shelling out over a billion dollars is just the beginning of the story. Both these companies are struggling and to top it are high end luxury brands. Does Tata have a couple of billions of dollars more to resurrect both these brands?
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