The Jaguar and Land Rover brands may be next in line to be acquired by American private equity firm Cerberus, which recently bought the struggling Chrysler Group from its German parent. According to a report from German newspaper Frankfurter Allgemeine Sonntagszeitung, Cerberus is interested in acquiring the premium labels from Ford.
Another possible avenue is a sale to former Ford CEO Jacques Nasser, who now works as a senior partner for private equity firm Bank One Corporation, or to the Blackstone private equity group. It seems the expected price tag of roughly $8 billion for Jaguar and Land Rover does not represent a problem for the three investment groups.
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