Monday, 21 February 2022 07:15
Australian utility AGL whose LNG import ambitions were thwarted is at centre of US$3.5 billion takeover
AGL Energy, the Australian utility whose plans for an LNG import terminal in the state of Victoria were thwarted by regulators, has rejected an unsolicited joint bid of over US$3.5 billion from Brookfield Asset Management of Canada and one of Australia’s wealthiest individuals.
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