Tata Motors' deal worth $2.3 billion with Ford Motor Company for its Jaguar and Land Rover marques will boost India Inc's mergers and acquisition volumes, which stood at 5.96 billion dollars in the first two months of 2008. Tata Motors deal holds significance as the aggregate deal value of 2.3 billion dollars comprises about 40 per cent of the total M&A volumes in the past two months.
The Financial Express
http://www.financialexpress.com/news/
TataFord-deal-to-augur-well-for-M&A-scene/288715/
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