Mideast funds target Jaguar, Land Rover
Monday, 2 July 2007
LONDON, Jul 1 (Reuters): Middle Eastern investment funds are targeting Jaguar and Land Rover, the British luxury car brands that US owner Ford Motor Co is considering selling, the Observer newspaper said Sunday.
Abu Dhabi's Mubadala Development Company and Dubai International Capital have instructed financial advisers to drawn up plans for bidding for one or both companies, the newspaper said, without citing sources.
No one at the funds could immediately be reached.
Abu Dhabi's Mubadala Development Company and Dubai International Capital have instructed financial advisers to drawn up plans for bidding for one or both companies, the newspaper said, without citing sources.
No one at the funds could immediately be reached.