Peel's paper profit on Pinewood soars
22nd June 2012
THE two parties who grabbed significant stakes in studios business Pinewood Shepperton have made a healthy paper profit on their investment.Property group Peel's 200p per share takeover offer for the company which concluded last July valued the company at £96.1m, although it did not gain control of enough shares to allow it de-list since Stockport-based Warren James Jewellers also secured over 25% of the business.However, since too few shares remained in public hands, stockmarket rules have meant the company has had to move......for the full story register now for free or login below...
More News News Archive
- Register Now For Free!