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Jaguar sells for knock down price
Jaguar sells for knock down price
Last Modified: 26 Mar 2008
By:
Darshna Soni
Indian car giant Tata confirms its purchase of the UK brands Jaguar and Land Rover for over £1.1bn - half what Ford paid in 2000.
The deal appears to safeguard the jobs and pensions of thousands of British workers.
But does the takeover, by a company which already owns British steelmaker Corus and Tetley Tea, point to a future of UK brands going overseas?
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