AGL Energy has rejected the first salvo in a multi-billion takeover play by a consortium led by tech billionaire Mike Cannon-Brookes to fast-track Australia's exit from coal-fired power.
Power company AGL Energy has rejected a multi-billion takeover bid from Australian tech billionaire Mike Cannon-Brookes and Canadian investment firm Brookfield.
AGL Energy, which has plans to split into two listed entities, is due to respond to a reported takeover offer by a tech billionaire and a Canadian firm.
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