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Tata gets U.S. antitrust OK for Jaguar, Land Rover
A Union flag flies behind a Jaguar car emblem outside a dealership in Manchester, northern England, in this March 25, 2008 file photo. U.S. antitrust authorities have cleared India's Tata Motors Ltd's purchase of Jaguar and Land Rover from Ford Motor Co.
Credit: Reuters/Phil Noble/Files
WASHINGTON |
WASHINGTON (Reuters) - U.S. antitrust authorities have cleared India's Tata Motors Ltd's purchase of Jaguar and Land Rover from Ford Motor Co.
Antitrust authorities completed their review of the $2.3 billion deal without taking any action to block it, the U.S. Federal Trade Commission said in a notice issued on Wednesday.
In March, Tata announced it would buy Jaguar and Land Rover, giving the Indian automaker a line-up of products ranging from the world's cheapest car to some of the most expensive.
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