Despite reports Friday that Ford Motor has decided not to sell off its money-losing Jaguar subsidiary, the U.K.'s Financial Times reported Saturday that the issue is far from settled, with a final decision still "weeks away."
The paper suggests that the final decision awaits review of the report by Kenneth Leet, the strategic adviser and former mergers and acquisitions specialist who was brought in by Ford in August.
Ford bought Jaguar for $3 billion in 1989, and has invested billions more in the marque since then.
[Source: Financial Times via Reuters]
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