Pininfarina to make decision on any offers in mid-April
Pininfarina, the listed Italian car designer, will make a decision on any offers it has received in mid-April, the Italian-language daily Il Sole 24 Ore reported. The report cited Pininfarina chairman Paolo Pininfarina, who said that there were more options on the table than the interest of Indian group Mahindra & Mahindra.
The item cited financial sources who said that private equity firm Cheyne Capital had been interested in Pininfarina but had now withdrawn from the race.
Pininfarina has a market cap of EUR 172m.
Il Sole 24 Ore