For a while now a lot of possible investors such as Mohammid Al Fayed, Peel Holdings and the UK jeweller Warren James have been trying to aquire a majority share in the legendary Pinewood Studios, where all who are James Bond fans or movie buffs know that Pinewood-Shepperton Studios is the home of Bond.
But now...Peel Holdings have now got a majority share in these Studios as they had originally offered 190p per share in its takeover offer but the owners of Pinewood-Shepperton Studios counted this offer which was better as they already own a 29% stake in the Studios...however this only happened when Mohammed Al Fayed put in an offer of a possible 210p per share, but after Peel Holdings were unwilling to share their already shares to Harrods Mohammed Al Fayed backed out.
So now Peel Holdings have now won the bidding race as they now have got more shares from 13,766,500 shares to 33,574,818...meaning that Peel Holdings have a 71.1% shares in Pinewood-Shepperton Studios. This has meant that the already property billionaire John Whittaker isn't permitted to delist Pinewood-Shepperton Studios from the London Stock Exchange and make the Studios become private.
But Warren James has now got itself a 15% stake in the company, and although this may sound like a small percentage of stock since this report done by Variety Magazine online the percentage of stock has been increased by Warren James...but this increase can't be that big though as James is not big enough to block the deal it will help the decision on whether Pinewood-Shepperton Studios it becomes a private comapany or not.
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