As reported earlier this week, and confirmed by Ford, Ford has officially hired Goldman Sachs and Morgan Stanley to sell its Jaguar and Land Rover brand. Now, according to German newspaper Frankfurter Allgemeine Zeitung, Cerberus, who recently bought Chrysler, is showing interest in Jaguar and Ford.
Siting London bank sources, the newspaper said that Cerberus, Blackstone and Cinven have shown interest in joining the auction for Ford’s luxury car brands.
It is not clear yet whether both brands will be sold as a package deal but an industry source has told...
Read Article