Ovo sues Talktalk over failed broadband customer deal Telecoms Ovo Energy has launched legal action against Talktalk over a dispute stemming from a failed broadband customer transfer, adding pressure on both companies as they battle financial challenges. The claim centres on a 2022 deal in which Ovo sold a telecoms business, originally acquired through its takeover of SSE Energy Services , to Talktalk, transferring [...]
Ovo Energy buys brand from billionaire founder in £150m deal Energy Ovo Energy has bought its brand from the company’s billionaire founder in a £150m deal. The Bristol-based firm, which is the country’s fourth-biggest household energy supplier, has made the move as part of a wider reorganisation. It was reported last Summer that Ovo Energy was close to hiring bankers to explore fundraising options which could [...]
Ovo Energy mulls sale as bankers set to be brought in Business Ovo Group, the UK's fourth largest energy supplier, may be bringing in bankers to explore possibilities including new investors or a sale.