Auto major Mahindra close to buying Italian car designer Pininfarina

Auto major Mahindra close to buying Italian car designer Pininfarina

Image sourced from Pininfarina's website

Mahindra & Mahindra Ltd, India’s largest utility vehicle maker, is close to buying debt-laden Italian car designer Pininfarina SpA, as per a report in Bloomberg. The deal between the two companies, which was pending for months now, is expected to close in the next few days.

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