Good Energy, a UK-based renewable energy company, has agreed on a takeover deal valued at £99.4 million with Esyasoft, a firm linked to the Abu Dhabi ruling family. The cash offer of £4.90 per share resulted in a significant rise in Good Energy's share price. Founded in 1999, Good Energy serves around 245,000 customers and focuses on renewable resources, including solar power. The partnership is expected to enhance Good Energy's sustainable goals, leveraging Esyasoft's investment capabilities.
The deal's cash offer of 4.90 per share values Good Energy at approximately 99.4m, representing a significant premium over its previous share price.
Esyasoft is controlled by the Abu Dhabi International Holding Company, chaired by Sheikh Tahnoun bin Zayed Al Nahyan, linking this acquisition to UAE’s ruling family.
Collection
[
|
...
]