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UK firm running Portugal’s largest solar plant files for insolvency

British company Welink Energy, owner of Solara4, Portugal’s largest solar power plant, has entered insolvency proceedings. The 219 MW facility in Alcoutim, Algarve, has operated since 2021 but has faced…

Frasers Group Acquisition of Harvey Nichols

Frasers Group plc has acquired luxury retailer Harvey Nichols from administrators FTI Consulting LLP. The deal includes over 800 premium brands, 1,000+ employees, online operations, existing inventory,…

RDM recapitalisation enters court approval phase

Financially troubled Italian recycled carton board producer Reno De Medici (RDM) has entered the legal implementation phase of its planned recapitalisation. In early August 2026, the company signed a…

Historic British bicycle brand Raleigh could enter administration

Historic British bicycle brand Raleigh could enter administration after Dutch parent Accell Group began insolvency proceedings. Accell received a ‘suspension of payments’ after concluding it could…

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