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Tata Motors in talks to buy Ford’s Gujarat, Tamil Nadu units

Tata Motors in talks to buy Ford’s Gujarat, Tamil Nadu units

Tata Motors is in early talks with Ford to buy the latter’s units in Tamil Nadu and Gujarat, multiple sources have told TOI. If the transaction materialises, it will be Tata Motors’ second asset purchase from the US major. In March 2008, the Indian company bought Jaguar Land Rover from Ford for $2.3 billion.

from Times of India

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