Credit ratings agency Moody's says it may cut the ratings of Tata Motors if it buys Ford's Jaguar and Land Rover units, saying the acquisition could create "substantial" challenges for the Indian company.
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Moody’s says may downgrade Tata Motors if Jaguar bid succeedsPosted by UK Economy News
In UK financial news
5Jan 08 Credit ratings agency Moody's says it may cut the ratings of Tata Motors if it buys Ford's Jaguar and Land Rover units, saying the acquisition could create "substantial" challenges for the Indian company.
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