Who is bidding for Good Energy?

Energy supplier and energy efficiency service provider Good Energy (LON: GOOD) has revealed that it has “received an unsolicited indicative, non-binding proposal”, which the board and the company’s advisers are currently considering.

There was no indication of the level of the bid, but the shares jumped 19.7% to 353p/share. The share price went over 400p at the beginning of the year.

The bid is from Dubai-based Esyasoft Holding Ltd. The company has operations in the Netherlands, India and Azerbaijan. There is a small UK subsidiary Esyasoft UK Ltd where it holds a 90% stake. It had net l...

Latest News

More Articles Like This