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UK's Pinewood Technologies shareholders approve $721 million Ridgeview takeover

Source: reuters.com

M&A & RestructuringPrivate Markets & VentureAutomotive & EVTechnology & Innovation

Pinewood Technologies shareholders approved Ridgeview Partners' £545 million ($721.14 million) take-private acquisition of the British automotive software firm. The approval advances the private-equity buyout, providing a defined exit for shareholders and moving Pinewood toward private ownership.

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