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.
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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