(Sharecast News) - FTSE 250 (MCX) 24,261.85 0.45%

Property developer Harworth Group on Friday said it had accepted a sweetened and final 187p-a-share offer from Peel Holdings, valuing the company at £631.7m.

Peel also revealed it had agreed to buy around 72 million shares at the higher price, taking its stake in Harworth beyond 52%.

Harworth last week ⁠recommended that its shareholders decline ​a prior sweetened offer of 177.5 ​pence per share compared to an earlier proposal of 172.5 pence, both of which it said undervalued the firm.

"While the Harworth Board has confidence in the group's standalone strategy and future potential, the recommendation follows careful consideration of the best and final offer and engagement with Harworth shareholders," Harworth's board said in a statement.

On the downside Harbour Energy fell as oil prices eased back.

Raspberry Pi tumbled, having surged on Thursday after it lifted its full-year profit outlook and hailed record first-half profit and revenue, pointing to strong OEM and reseller demand and increased unit shipments.

FTSE 250 - Risers

Harworth Group (HWG) 187.20p 4.82%

Syncona Limited NPV (SYNC) 122.20p 3.74%

Ocado Group (OCDO) 240.40p 3.72%

Globaldata (DATA) 59.50p 3.21%

Victrex plc (VCT) 905.00p 2.96%

Ceres Power Holdings (CWR) 406.40p 2.96%

WPP (WPP) 391.50p 2.75%

PPHE Hotel Group Ltd (PPH) 1,500.00p 2.72%

Hill and Smith (HILS) 3,240.00p 2.70%

Oxford Nanopore Technologies (ONT) 179.90p 2.63%

FTSE 250 - Fallers

Raspberry PI Holdings (RPI) 702.75p -7.58%

Harbour Energy (HBR) 267.80p -4.35%

Energean (ENOG) 724.00p -3.27%

Hikma Pharmaceuticals (HIK) 1,589.00p -1.97%

Baltic Classifieds Group (BCG) 2.06p -1.90%

SDCL Efficiency Income Trust (SEIT) 35.70p -1.52%

Rightmove (RMV) 440.80p -1.50%

Rank Group (RNK) 74.80p -1.32%

Trainline (TRN) 191.60p -1.24%

Currys (CURY) 145.20p -1.09%