20.4 C
Newcastle

Tag: Mike Cannon-Brookes

Billionaire having ‘red-hot crack’ at AGL

AGL Energy is in a stoush with its billionaire shareholder who rejects their plan to split and backs his own way to rapidly switch the power grid to renewables.

Tech mogul ‘remains optimistic’ on AGL bid

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.

UPDATED: AGL rejects surprise takeover offer

Power company AGL Energy has rejected a multi-billion takeover bid from Australian tech billionaire Mike Cannon-Brookes and Canadian investment firm Brookfield.

AGL to respond to surprise takeover offer

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.
Newcastle Weekly

Subscribe To Our Newsletter

Subscribe to Newcastle Weekly. News, Community, Lifestyle, Property delivered direct to your inbox! 100% Local, 100% Free.

You have Successfully Subscribed!