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Jaguar and Land Rover unions support Tata
By Yoann Besnard on 23 November 2007 | 
(2) Comments | Permalink
In a previous post, we reported Tata was leading the bid over the Jaguar and Land Rover sale. One of the next stage was to meet the union and it went quite well for Tata.
According to the Wall Street Journal, the union believes Tata is the only bidder “with enough money, clout and experience”. This is quite a slap in the face for the other bidder, the partnership made between One Equity Partners and another major Indian car maker, Mahindra and Mahindra.
To tell the truth, the bid made by One Equity Partners and the M&M's brothers look pretty scary for unions as both partner want to separate both companies. If both partners win the bid, M&M's brothers family will take control of Land Rover while One Equity Partners gets Jaguar. But, we also remember the MG-Rover history in 2000. The union favoured the bidder which promised to keep jobs and five years later, the company collapsed.
Comments
Posted by: Upton | Nov 23, 2007 6:25:21 PM
Good 4 them. I hope Tata wins. Unions have started using there heads, which is good.
"M&M's brothers", no brothers there lad. c there website for there history.
Posted by: Yoann | Nov 24, 2007 1:24:39 AM
I changed it. Many thanks.
