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| It could be one of the biggest Indian deals in the auto industry. Tata Motors has nearly clinched the deal to buy iconic British brands, Jaguar and Land Rover from Ford, sources tell CNN-IBN. The deal is expected to be worth about $1.5 billion. However, Ford and Tata have both refused to comment. Ford is expected to announce the results of the bidding on Thursday after the announcement of its second quarter results.
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source:http://www.ibnlive.com/news/big-deal-tatas-set-to-bag-jaguar-land-rover/45669-7.html
