AGL Energy rejects second takeover bid, Brookfield walks - The Australian Financial Review
3/6/2022 12:00:00 AM3 years 1 month ago
by Anthony Macdonald, Sarah Thompson, Kanika Sood
by Anthony Macdonald, Sarah Thompson, Kanika Sood
The Canadian investment firm and Mike Cannon-Brookes have abandoned their offer after the utility’s board blocked a revised $8.25 a share proposal.
Brookfield and Cannon-Brookes Grok will both quit their pursuit of AGL Energy after their revised offer was so quickly rejected. The Canadian firm, one of the biggest investors in renewables project… [+1321 chars]
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