Mahindra & Mahindra Ltd.

BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3090.45
-68.90 (-2.18%)
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M&M in talks to acquire Pininfarina spa

Date: 17-04-2015

Mahindra & Mahindra (M&M), India's largest maker of sport-utility vehicles, is in the final stages of negotiations to buy Italian auto-design firm Pininfarina SpA. The company may reach an agreement to purchase the Pininfarina SpA that has designed some of the most iconic Ferrari sports cars as early as next week.

 Mahindra & Mahindra (M&M) is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.