Australia's PWR Holdings jumps on acquiring UK-based motorsport firm

PWR Holdings

31/01/2023 24:43

** Shares of Australia's PWR Holdings  PWH.AX  rise as much
as 5.3% to A$12.3, set for best day since Jan 13, if gains hold
    ** The motorsports solution provider acquires the business
of UK-based Bespoke Motorsport Radiators and secures new 38,647
square metre premises at Rugby in the UK
    ** Says Wayne Rodgers has been appointed general manager of
PWR Europe
    ** Stock up 25.4% in 2022
 (Reporting by Rishav Chatterjee in Bengaluru)
 ((Rishav.Chatterjee@thomsonreuters.com;))