UK software firm Pinewood's stock fell ~31% on Feb. 16 after Apax Partners withdrew its £575M takeover offer, citing "prevailing challenging market conditions" (Alexandra Heal/Financial Times)

Alexandra Heal / Financial Times:
UK software firm Pinewood's stock fell ~31% on Feb. 16 after Apax Partners withdrew its £575M takeover offer, citing “prevailing challenging market conditions”  —  Apax Partners abandons offer for FTSE 250 company over ‘challenging market conditions’

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