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UK software firm Pinewood's stock fell ~31% on February 16 after Apax withdrew its £575M takeover offer, citing "prevailing challenging market conditions" (Alexandra Heal/Financial Times) from Techmeme RSS feed.
UK software firm Pinewood's stock fell ~31% on February 16 after Apax withdrew its £575M takeover offer, citing "prevailing challenging market conditions" (Alexandra Heal/Financial Times)
Alexandra Heal / Financial Times:
UK software firm Pinewood's stock fell ~31% on February 16 after Apax withdrew its £575M takeover offer, citing “prevailing challenging market conditions” — Apax Partners abandons offer for FTSE 250 company over ‘challenging market conditions’