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Tech Mahindra's subsidiary PF Holdings B.V. initiated a tender offer to acquire 10.02% of Pininfarina S.p.A. for €9.46 million, increasing its stake from 82.57% to 92.59%. The transaction was announced on November 6, 2026.
“Tech Mahindra Limited has announced that its subsidiary, PF Holdings B.V., has initiated a voluntary totalitarian tender offer to acquire additional shares of Italian automotive design company Pininfarina S.p.A.”futuresenseindia.com
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