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Report: Ex-Ford execs bidding for Jaguar, Land Rover

Another former Ford executive has joined the bidding for Ford's Jaguar and Land Rover brands, a person familiar with the negotiations told the Associated Press on Friday, according to USA Today.

Nick Scheele has joined Ripplewood Holdings in its bid for the luxury brands that cash-strapped Ford is trying to sell, according to the person, who requested anonymity because the bidding is ongoing.

Posted by Peter C. T. Elsworth  at 10:00 AM to Ford | Permalink

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