Texas Pacific Group has strengthened its bid in the auction for Ford's UK assets Jaguar and Land Rover by appointing Bob Dover as an adviser. Dover was former chief executive of Jaguar and Land Rover. Other bidders, One Equity Partners and Ripplewood are working with two other former Jaguar senior executives. Apollo is also thought to be interested in the deal.
Stake being sold amounts to around 1.3% of Getir's total share capital
CVC is to acquire a minority shareholding in the new venture for EUR 2.7bn
LDC backed the management buyout of Pelsis from US-based GP Wind Point Partners in 2017
Bain-led consortium that includes local player Sener is poised to take over ITP with a EUR 1.6bn bid