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Tech Mahindra completes acquisition of 76.06% stake in Pininfarina through SPV

31 May 2016 Evaluate

Tech Mahindra, a specialist in digital transformation, consulting and business re-engineering, has concluded the acquisition of 76.06% stake in Pininfarina S.p.A (Pininfarina) through Special Purpose Vehicle (SPV). Tech Mahindra holds 60% in the said SPV while Mahindra & Mahindra holds the remaining 40% stake in SPV.

Tech Mahindra is a leading provider of solutions and services to the telecommunications industry with a majority stake owned by Mahindra & Mahindra. The company, since 2002 has operations in China with offices in Beijing, Shanghai, Nanjing and Guangzhou.


Peers
Company Name CMP
TCS 2077.00
Infosys 1009.10
HCL Technologies 1244.85
Wipro 163.60
Tech Mahindra 1546.00
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