Tata's Pounds 470m Jlr Rights Issue 'Shows Confidence in Jaguar'

Daily PostOctober 12, 2009

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Summary


TATA Motors has raised pounds 470m to pay off its debts from the purchase of Jaguar Land Rover, in a move the company says shows investors are increasingly confident about the future of the car industry.

The Indian giant bought JLR, which employs 2,000 people at Halewood, last year.

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Tata's Pounds 470m Jlr Rights Issue 'Shows Confidence in Jaguar'

Yesterday it announced a $750m (pounds 4...

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