Shares in Pinewood Technologies (LON:PINE) surged after the automotive software provider said it is minded to recommend a £545 million takeover offer from Ridgeview Partners. The US private equity firm has tabled an offer at £4.48 in cash for ‘Pinewood.AI’. However, one of Pinewood.AI’s largest shareholders, Harwood Capital, is preparing to vote against the deal. … Continue reading Harwood Capital opposes Pinewood takeover offer