Pinewood Technologies Shares Jump After Ridgeview Partners' Recommended Cash Offer
Pinewood Technologies rose about 4% after confirming it has accepted a recommended all-cash takeover offer from U.S. technology-focused private equity firm Ridgeview Partners. The offer prices the company at roughly £545 million and has secured irrevocable undertakings or letters of intent representing about 48.71% of the company's issued share cap…