Tech Mahindra to Raise Pininfarina Stake to 92.59% Through Tender Offer
Its subsidiary PF Holdings will acquire 7.89 million shares, representing a 10.02% stake.
Its subsidiary PF Holdings will acquire 7.89 million shares, representing a 10.02 per cent stake, for up to €9.46 millionTech Mahindra plans to increase its stake in Italian automotive design company Pininfarina S.p.A. to 92.59 per cent through an additional share acquisition by its subsidiary PF H…