• Most Popular
  • Most Shared

India's Tata Motors not eyeing Ford's Mazda stake

Mon Oct 13, 2008 5:21am EDT

Stocks

   

MUMBAI, Oct 13 (Reuters) - India's Tata Motors (TAMO.BO) is not in talks to buy Ford's (F.N) stake in Japan's Mazda Motor Co (7261.T), a company spokesman said on Monday.

Stocks  |  Mergers & Acquisitions  |  Global Markets

"There have been reports in the media that Tata Motors is among potential buyers for shares in Mazda Motors. Tata Motors clarifies that the report is incorrect," spokesman Debasis Ray said.

Tata Motors, India's top vehicle maker, bought the Jaguar and Land Rover from Ford earlier this year for $2.3 billion. (Reporting by Prashant Mehra; Editing by John Mair)

Stocks
Mergers & Acquisitions
Global Markets


More from Reuters

Joint Terminal Attack Controller SSgt Clinton J. Herbison, a U.S. Airman from the 817 Expeditionary Air Support Operations Squadron (EASOS) takes a break during a night mission near Honaker Miracle camp at the Pesh valley of Kunar Province August 12, 2009. Credit: REUTERS/Carlos Barria

Pictures of the Year

A look at the best photos of 2009.  Slideshow 

    PICTURES
    The Dalai Lama jokes with a nasal spray after being asked his opinion on the swine flu during a press conference after his first lecture in Lausanne, Switzerland, August 4, 2009. REUTERS/ Valentin Flauraud

    What a wacky year it's been...

    Um, what's up the Dalai Lama's nose? "Oddly Enough" editor Bob Basler rounds up the goofiest photos of the year.  Full Article 

    Oddly Enough
    A caution sign is seen next to a stock board at the Australian Securities Exchange (ASX) in Sydney September 5, 2008. REUTERS/Daniel Munoz
    Political Risk in 2010:

    Don't say we didn't warn you

    With the financial crisis (mostly) in the past, U.S. investors are eying a fresh start to the coming year. Here's a look at what speedbumps lie ahead.  Full Article 

    Global Markets