‘Not credible’: Key investors pushed for AGL to speed up coal exit before takeover bid - Sydney Morning Herald
2/27/2022 12:00:00 AM3 years 2 months ago
by Nick Toscano
by Nick Toscano
Investors have been privately pushing AGL’s board to speed up its exit from coal for more than a year before Mike Cannon-Brookes’ takeover offer.
While the consortiums strategy for AGLs future may align with investors views, the group may need to raise its $7.50-a-share offer price if it is to win shareholder support. AGL last week said the of… [+1806 chars]
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