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please help 20 marks section 1: tional Finance (50 Marks) In 2008, Tata Motors acquired the Jaguar Land Rover businesses from Ford Motor Company for
please help 20 marks
section 1: tional Finance (50 Marks) In 2008, Tata Motors acquired the Jaguar Land Rover businesses from Ford Motor Company for a net consideration of US $2.3 billion in an all-cash transaction. Ford has contributed about US $600 million to the Jaguar Land Rover pension plans. Commenting on the occasion, Mr. Tata said, "This is a momentous time for all of us at Tata Motors. Jaguar and Land Rover are two iconic British brands with worldwide growth prospects. We are looking forward to extending our full support to the Jaguar Land Rover team to realise their competitive potential. Jaguar Land Rover will retain their distinctive identities and continue to pursue their respective business plans as before. We recognise the significant improvement in the performance of the two brands and look forward to this trend continuing in the coming years. It is our intention to work closely to support the Jaguar Land Rover team in building the success and pre-eminence of the two brands and our "core purpose as a business is improving the quality of life of the communities TATA Group serves globally through long-term stakeholder value creation". Tata Motors confirmed that Mr. David Smith, the acting Chief Executive Officer of Jaguar Land Rover, would be the new CEO of the business. Mr. Smith has 25 years of experience with Jaguar Land Rover and Ford. Before recently returning to Jaguar Land Rover as its Chief Financial Officer, he was Director Finance and Business Strategy for PAG and Ford of Europe. Required: In light of TATA Motors acquisition of Jaguar Land Rover, making use of extensive academic justifications and an in-depth research of the companies involved, answer the following questions: In light of TATA Group's core purpose as a business of "improving the quality of life of the communities it serves globally through long-term stakeholder value creation" (TATA, 2015), discuss and evaluate how this management goal is reflected in TATA Motors actions since their acquisition of Jaguar Land RoverStep by Step Solution
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