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Bollore ready to buy stake in Italian car maker Pininfarina - report


Published : Tue, 08 Jan 2008 08:49
By : Agencies
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MILAN (Thomson Financial) - Bollore is ready to buy a stake in Pininfarina SpA, if the troubled Italian car maker launches a capital increase, the daily Il Sole 24 Ore said, citing sources close to the French group.

Pininfarina is studying a restructuring plan that could be examined by the board on Feb 15, it said.

In December, Bollore said it will create a 50-50 joint venture with Pininfarina to develop a 100 pct electric car, to be marketed under the Pininfarina brand.

philip.webster@thomson.com

pw/vs

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