Deripaska eyes Ford’s Land Rover, Jaguar: report

Filed under Oleg Deripaska - Basic element

July 28, 2007 1:28 pm

FRANKFURT (Reuters) - Billionaire tycoon Oleg Deripaska, the head of Russian automaker GAZ (GAZA.RTS: Quote, Profile, Research), is interested in Ford’s (F.N: Quote, Profile, Research) premium British brands Jaguar and Land Rover, German business weekly WirtschaftsWoche reported on Saturday.

Citing a source or sources from Ford, it said that Deripaska would also be a possible bidder for Volvo should Ford decide to sell the Swedish brand. Another firm owned by Deripaska, Basic Element, agreed in May to invest $1.54 billion in Canadian auto parts supplier Magna

published by Reuters here:

http://www.reuters.com/article/businessNews/idUSL2871386520070728

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Deripaska eyes Ford’s Land Rover, Jaguar: report

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