As Ford continues to debate selling all, or just part, of its Premier Automotive Group (PAG), I’m curious who is lined up to make some money off Ford. Ford has retained Goldman Sachs and Morgan Stanley as advisers in the sale. I admit, I have a limited understanding of the iBanking world, but I’m fairly certain both firms will get a percentage of the revenue from the sale of PAG. Cerebus is rumored as one of the potential buyers, which would give them Chrysler, Dodge, Jeep, Land Rover and Jaguar. Interesting mix.
A few good articles on the current situation: