M&A

Pinewood shares crater after Apax pulls offer

By Frank Prenesti

Date: Monday 16 Feb 2026

(Sharecast News) - Shares in Pinewood Technologies tanked on Monday after private equity firm Apax Partners withdrew its £575m offer for the automotive service provider on Friday, citing prevailing challenging market conditions.
A statement from Pinewood, which offers a cloud-based platform for car dealerships and manufacturers, saying it was well-positioned to...

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