M&ABusiness Standard
Tech Mahindra raises Pininfarina stake to 92.59%
Positive+13
GreyOak summary
Tech Mahindra plans to increase its stake in Pininfarina to 92.59% by acquiring 7.89 million shares for up to €9.46 million. The transaction is part of a voluntary tender offer and is expected to complete by December 31, 2026, as Pininfarina pursues delisting.
What it affects
- Tech MahindraTECHMPositive +13
Acquiring more Pininfarina shares to raise stake.Rolling sentiment Positive +41
Source
Read the original at Business StandardMore Tech Mahindra news
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