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Pininfarina’s controlling shareholder, Pincar, confirmed that India's Mahindra & Mahindra has expressed interest in buying the Italian car designer.

There are no binding agreements between the parties regarding a purchase by Mahindra, shareholder Pincar said in a statement distributed by the Italian stock exchange today.

Owned by the Pininfarina family, Pincar holds 76 percent of the company, according to data compiled by Bloomberg.



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Indian Mahindra Closing In On Purchase Of Italian Designer Pininfarina

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