Peel's paper profit on Pinewood soars
22nd June 2012
The entrance to Pinewood Studios
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...



