GBG demoted from FTSE 250 as Pinewood briefly returns

Pinewood Technologies Group has been promoted to the FTSE 250 index as GB Group drops out. However it is likely to be a brief stay as Pinewood is set to leave the public markets having recently agreed a £545 million sale to Ridgeview Partners.  A Birmingham-headquartered tech provider to car dealerships, it was formed out … Continue reading GBG demoted from FTSE 250 as Pinewood briefly returns