Wed 07 Jul 2007Ford sets date for indicative bids for Jaguar and Land
RoverFord names the date for selling off its Jaguar and Land Rover
sectors.
Robert WrightreportsPotential bidders for the Jaguar and Land Rover car businesses
have been told they have until July 19th to submit indicative bids
for the two British car brands, according to people familiar with
Ford's plans to sell the businesses. However, any sale could still
be some time off because Ford has not yet prepared full
documentation on the two brands, whose operations are closely
interlinked and which also have complex relationships with the
wider Ford group.