Technology group Esyasoft has been given another month to come forward with takeover plans for renewable energy specialist Good Energy.<\/p>\n
Last month the Dubai-based group made an \u201cunsolicited\u201d approach and now has until December 23 to progress its due diligence exercise after the Panel on Takeovers and Mergers approved an extension.<\/p>\n
Chippenham-based Good Energy was valued at \u00a350m before the potential bid was revealed, and the subsequent share price rise has increased that to around \u00a365m.<\/p>\n
Esyasoft is an international technology group focused on smart utility solutions and software.<\/p>\n
In October, Good Energy bought solar installation company Empower Energy in a deal worth up to \u00a38.0m.<\/p>\n
The combination of Empower, the recently-acquired Lincolnshire-based Amelio, and Good Energy\u2019s existing solar installation capability across the south, \u201crepresent a major step towards completing Good Energy\u2019s strategic objectives in the solar installation market\u201d, the company said at the time.<\/p>\n","protected":false},"excerpt":{"rendered":"
Esyasoft has until December 23 to make firm offer<\/p>\n","protected":false},"author":18,"featured_media":15913,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,120781],"coauthors":[81],"class_list":["post-17744","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-markets","tag-featured-story","tag-top-story","tag-wiltshire"],"yoast_head":"\n