Business
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Good Energy receives takeover approach from UAE-linked firm

A company linked to the United Arab Emirates royals has approached one of the UK’s pioneering green electricity suppliers over a potential takeover. Wiltshire-based Good Energy, which supplies renewable energy to about 245,000 households, said it had received an unsolicited takeover offer from Dubai-based Esyasoft on Friday. Esyasoft, which describes itself as being at the…

Business
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Parent company of Australian clothing brands Rivers, Millers and Katies enters voluntary administration

Mosaic Brands, the parent company behind Australian clothing brands Rivers, Millers and Katies, has entered voluntary administration. The ASX-listed company which operates more than 700 stores and employs about 3,000 staff released a statement on Monday confirming its board’s decision. “Following recent attempts by the company to informally restructure its operations … voluntary administration is…