TATA to buy L/Rover !!!!!!!!!!!
Discussion
YamR1V64motion said:
i wonder why Ford are selling them really, apparantly Land Rover are one of the few companies they own that actually turns a profit.
Becaus they are so deeply in dept they need the capital release more than they need the revenue. They had to arrange a $24BILLION mortgage this year to help with solvency. Can you imagine what the interest repayments are like?Liszt said:
YamR1V64motion said:
i wonder why Ford are selling them really, apparantly Land Rover are one of the few companies they own that actually turns a profit.
Becaus they are so deeply in dept they need the capital release more than they need the revenue. They had to arrange a $24BILLION mortgage this year to help with solvency. Can you imagine what the interest repayments are like?Edited by YamR1V64motion on Monday 24th December 00:33
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