Surging growth and no plans of slowing down mean Jaguar Land Rover may be poised to go public. According to an Automotive News Europe report, the automaker is valued at about $14 billion, a far cry from the $2.5 billion Indian automaker Tata Motors paid for it in 2008. When Tata bought Jaguar Land Rover [...]
When Ford sold Jaguar and Land Rover to Tata Motors for $2.5 billion, the auto industry was in rough shape. And it didn't help that the luxury combo pack didn't exactly have a lineup full of fresh rides. Only four years have past since...Show More Summary
JLR could net big money through an initial public offering.
When Ford sold off Jaguar and Land Rover to India’s Tata Motors for $2.5 billion in 2008, investors assumed the worst and dumped stock as quickly as they could. The joke, it appears, may be on those who sold off shares, as the current value of Jaguar Land Rover (JLR) is estimated at $14 billion. That estimate comes from three separate...