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/ 2 June 2008

Tata: Jaguar-Land Rover acquisition complete

India’s truck and car maker Tata Motors announced on Monday it had completed its acquisition of Jaguar and Land Rover from ailing United States car maker Ford for $2,3-billion. The company said the deal includes the "ownership of Jaguar and Land Rover, all necessary intellectual property rights, manufacturing plants and two Britain-based advanced designing centres".