Pininfarina Says Still Gathering Expressions Of Interest
November 17 2010 - 11:27AM
Dow Jones News
Italy's Pininfarina SpA (PINF.MI) Wednesday declined to comment
on a report discussing Magna International Inc.'s (MG.T) interest
in acquiring it, saying it was still gathering expressions of
interest from potential buyers.
"The company will make sure to [make an announcement]...the
moment when talks reach a level that requires it," the car designer
said in a statement.
Pininfarina issued the statement after its stock was halted from
trading. The stock was last quoted at 12.20% up to EUR3.22 in
Milan.
-Gilles Castonguay, Dow Jones Newswires; +39 02 5821-9908;
gilles.castonguay@dowjones.com
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