Brookfield launches bid for Australian utility AGL

Canadian investment firm Brookfield Asset Management and tech billionaire Mike Cannon-Brookes have made an offer to buy Australian utility company AGL, in a deal that could lead to the closure of the company’s coal-fired power stations ahead of schedule.

The board of AGL held an emergency meeting on Sunday afternoon to discuss the offer, with a public announcement expected on Monday….

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News Source: https://www.ft.com/content/48cda373-e508-41ed-92c2-7bbfe56dc8ff

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