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    Home > Finance > UK's Pinewood surges on $792 million deal talks with Apax Partners
    Finance

    UK's Pinewood surges on $792 million deal talks with Apax Partners

    Published by Global Banking & Finance Review®

    Posted on January 30, 2026

    1 min read

    Last updated: January 30, 2026

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    Tags:equityLondon Stock Exchangeinvestmentfinancial communitycorporate strategy

    Quick Summary

    Pinewood Technologies' shares surged 28% after Apax Partners proposed a $792M acquisition, boosting the UK finance market.

    Table of Contents

    • Pinewood Technologies Acquisition Overview
    • Details of the Proposed Deal
    • Market Reaction to the News

    Pinewood Technologies Shares Soar on $792 Million Acquisition Talks

    Pinewood Technologies Acquisition Overview

    Jan 30 (Reuters) - Britain's Pinewood Technologies surged as much as 28% on Friday after the automotive service provider said it was set to agree a 575.5 million pounds ($792.06 million) deal with Apax Partners if the private equity firm tables a formal offer.

    Apax Partners, which has made a number of approaches earlier, proposed to buy Pinewood for 500 pence per share, representing a premium of nearly 30% to the stock's closing price on Thursday.

    The jump in Pinewood's shares made the firm the top gainer across all London stocks on Friday.

    Details of the Proposed Deal

    Pinewood Technologies provides a cloud-based platform to help car dealerships and manufacturers manage everything from vehicle sales and customer relationships to repairs and accounting.

    Market Reaction to the News

    Apax has until February 26 to announce a firm intention to make an offer or walk away.

    ($1 = 0.7266 pounds)

    (Reporting by Nithyashree R B in Bengaluru; Editing by Sonia Cheema and Janane Venkatraman)

    Key Takeaways

    • •Pinewood Technologies shares rose 28% on acquisition talks.
    • •Apax Partners proposed buying Pinewood for 500 pence per share.
    • •The deal values Pinewood at 575.5 million pounds.
    • •Pinewood offers a cloud-based platform for car dealerships.
    • •Apax has until February 26 to finalize the offer.

    Frequently Asked Questions about UK's Pinewood surges on $792 million deal talks with Apax Partners

    1What is equity?

    Equity refers to the ownership interest in a company, represented by shares of stock. It signifies the value of an owner's stake in the company after all liabilities are deducted.

    2What is the London Stock Exchange?

    The London Stock Exchange is one of the largest and oldest stock exchanges in the world, where shares of publicly traded companies are bought and sold.

    3What is an acquisition?

    An acquisition is a corporate action in which one company purchases most or all of another company's shares to gain control of that company.

    4What is a premium in stock trading?

    A premium in stock trading refers to the amount by which the price of a stock exceeds its par value or the market price of a similar security.

    5What is market reaction?

    Market reaction refers to the response of investors and traders to news or events that affect the price of securities, often reflected in stock price movements.

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