Amidst all the chatter of
Chrysler
Group's hiring of former Home Depot Inc. CEO Bob Nardelli, news about
Jacques Nasser's pending trip to the U.K. to visit Jaguar and Land Rover
factories went overlooked by much of the press. Interestingly, the former Ford
CEO (pictured at left), who seven years earlier was responsible for the creation of Ford's
Premier Auto Group, may help the Dearborn, Mich., company dismantle it.
Nasser, now with J.P. Morgan Chase & Co. affiliated buyout firm One Equity
Partners, is expected to place a bid for the two brands,
according
to The Times of London. While CEO of Ford, Nasser oversaw the company's
purchase of Land Rover and Volvo. —Matthew
Wurtzel
See
story from The Times of London
See
story from the Detroit Free Press
See
post from AutoBlog
See
Nardelli story from Dealscape
See Ford Dealwatch
Tags:
Ford,
One
Equity Partners,
acquisition,
deals,
m&a,
mergers,
private
equity
Continue reading below
