Pinewood Set For Bidding War?

Just two weeks ago, Peel Holdings declared its interest in acquiring a controlling interest in Pinewood and Shepperton Studios. But now it may have a rival. According to reports in the last few days, the former owner of Harrods, Mohamed Al Fayed, is considering making an all-cash offer for the business.

While there”s no guarantee that Al Fayed will follow through, his interest has helped Pinewood”s shares rise to a 12-month high of 211p.

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