Pininfarina's stock takes off in Piazza Affari, and in the afternoon it is suspended in a volatility auction with a rise of 15,74%, at 4,722 euros. The surge in orders was triggered by an indiscretion that appeared on Bloomberg.
According to the agency, which cites sources familiar with the matter, the Mahindra & Mahindra Indian group, number one at home in the sports vehicle sector, is close to acquiring the Italian automotive design company.
The evaluation that the market gives of the Italian company is just under 140 million euros. Investors expect a premium for any Indian purchase.
