Acquisition of Pininfarina S.p.A ("Pininfarina"), an automotive design and engineering services company providing services to global automotive OEMs

Mahindra & Mahindra Ltd has informed BSE that the Company and Tech Mahindra Limited (through an SPV which would be held 60% by Tech Mahindra Limited and 40% by the Company) would acquire a 76.06% stake in Pininfarina S.p.A ("Pininfarina"), an automotive design and engineering services company providing services to global automotive OEMs. The SPV would also make an open offer to the public shareholders of Pininfarina for the balance 23.94% stake.

Pdf Link: >Acquisition of Pininfarina S.p.A ("Pininfarina"), an automotive design and engineering services company providing services to global automotive OEMs

Source : BSE - >www.bseindia.com

Published on December 14, 2015
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