Canadian asset manager Brookfield and Australian billionaire Mike Cannon-Brookes have teamed up on a joint bid for AGL Energy.
It is understood the pair have submitted a non-binding and indicative offer and it is being considered by AGL Energy’s board.AGL’s power plants account for an estimated 8 per cent of Australia’s greenhouse gas emissions. Paul JonesThey are believed to be keen to acquire AGL Energy in full - including its retail operations and power generation - ahead of the company’s plans to split in two.
An AGL Energy spokesperson declined to comment on Sunday. Brookfield could not be reached for comment prior to publication.Brookfield and Cannon-Brookes are understood to be keen to accelerate AGL Energy’s plans to exit coal-fired power, and invest in more renewable energy generation projects and infrastructure.
Brookfield, Cannon-Brookes in joint bid for AGL Energy
Add AGL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$10.28 |
Change
0.020(0.19%) |
Mkt cap ! $6.915B | |||
| Open | High | Low | Value | Volume |
| $10.30 | $10.38 | $10.28 | $12.32M | 1.195M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 10755 | $10.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.29 | 295 | 1 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| AGL (ASX) Chart |