Recent mergers in the energy sector has led to Big Six ‘shakeup’

Scottish Power took on 130,000 customers from failed supplier Tonik Energy last week, increasing its market share considerably.  As of 31 July 2020, Scottish Power held an 8.7 per cent share of the UK energy supply market and Tonik Energy had 0.6 per cent, meaning the Big Six supplier now has a 9.3 per cent … Read more

Checklist: Mergers & Acquisitions

Networks, systems and corresponding Information technology (IT) elements are often overlooked in the buildup to a merger or acquisition. Yet, as soon as an acquisition or merger completes, all attention quickly turns to maximizing the deal’s value, minimizing expenses, and adding efficiencies wherever possible. Without an understanding, however, of the IT tools and platforms in … Read more