Insightful Word
  • Investing
  • Stock
  • Economy
  • Politics
  • Investing
  • Stock
  • Economy
  • Politics
No Result
View All Result
Insightful Word
No Result
View All Result
Home Stock

Esyasoft makes indicative proposal for Good Energy, shares surges

admin by admin
October 28, 2024
in Stock
0
Esyasoft makes indicative proposal for Good Energy, shares surges
0
SHARES
11
VIEWS
Share on FacebookShare on Twitter

LONDON – Good Energy Group PLC, a UK-based renewable energy company, has received an unsolicited proposal from Esyasoft Holding Limited regarding a potential acquisition of the company. The proposal, which came to light on Monday, is for the entire issued and to be issued share capital of Good Energy.

Shares of Good Energy Group jumped on the news, last trading up 27%.

The Board of Good Energy is currently reviewing the non-binding offer with its financial and legal advisors. As of now, there is no certainty that a formal offer will be made by Esyasoft or what the terms of any offer would be. The company has stated that it will make further announcements when appropriate.

Esyasoft, under the rules of the City Code on Takeovers and Mergers, has until 5:00 p.m. on November 25, 2024, to either declare its intention to make a definitive offer in line with Rule 2.7 or to state that it will not pursue an offer, as per Rule 2.8. This deadline may be extended only with the approval of the Takeover Panel, in accordance with Rule 2.6(c).

Investors and stakeholders are advised to remain aware that the possible offer is at a preliminary stage and may not result in a transaction. The information regarding this potential acquisition is based on a press release statement from Good Energy.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

This post appeared first on investing.com

Previous Post

Earnings call: Castellum reports growth amidst cautious market

Next Post

McDonald’s tests show E. coli outbreak not linked to beef patties

admin

admin

Next Post
McDonald’s tests show E. coli outbreak not linked to beef patties

McDonald’s tests show E. coli outbreak not linked to beef patties

Trending News

Why Nvidia is facing scrutiny despite strong earnings as stock jumps 5%

Why Nvidia is facing scrutiny despite strong earnings as stock jumps 5%

May 29, 2025
Gautam Adani responds to US bribery allegations: ‘Negativity spreads faster than facts’

Gautam Adani responds to US bribery allegations: ‘Negativity spreads faster than facts’

December 1, 2024
Walmart to pass on tariff burden to shoppers, bracs for margin volatility

Walmart to pass on tariff burden to shoppers, bracs for margin volatility

May 15, 2025
Subscribe to Insightful Word


    Recent News

    Nvidia shares fall on China sales exclusion, weaker data center sales: analysts weigh in

    Nvidia shares fall on China sales exclusion, weaker data center sales: analysts weigh in

    August 28, 2025
    SentinelOne stock price forecast ahead of earnings: buy or sell?

    SentinelOne stock price forecast ahead of earnings: buy or sell?

    August 28, 2025
    Tesla wants millions of robotaxis by 2025, but will Waymo win the long game?

    Tesla wants millions of robotaxis by 2025, but will Waymo win the long game?

    August 28, 2025
    Urban Outfitters stock slides 4% despite strong quarter on cautious outlook

    Urban Outfitters stock slides 4% despite strong quarter on cautious outlook

    August 28, 2025

    Recent News

    Nvidia shares fall on China sales exclusion, weaker data center sales: analysts weigh in

    Nvidia shares fall on China sales exclusion, weaker data center sales: analysts weigh in

    August 28, 2025
    SentinelOne stock price forecast ahead of earnings: buy or sell?

    SentinelOne stock price forecast ahead of earnings: buy or sell?

    August 28, 2025

    Latest News

    • Nvidia shares fall on China sales exclusion, weaker data center sales: analysts weigh in
    • SentinelOne stock price forecast ahead of earnings: buy or sell?
    • Tesla wants millions of robotaxis by 2025, but will Waymo win the long game?

    About Insightful Word

    • Contacts
    • Cookie Notice
    • Privacy Policy
    • Terms of Service
    • Trading tools
    • Contacts
    • Cookie Notice
    • Privacy Policy
    • Terms of Service
    • Trading tools

    Copyright © 2025 Insightfulword.com. All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Stock
    • Economy
    • Politics

    Copyright © 2025 Insightfulword.com. All Rights Reserved.