AGL 1.20% $11.56 agl energy limited.

One could just buy the part that they like after the split.Also,...

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    One could just buy the part that they like after the split.
    Also, doesn't look to be a clean break as Accell is keeping a 15-20% holding in AGL for balance sheet reasons.

    I'm interested to understand more about how intangible assets, which represent ~20% (3,302/15,450) of the assets will be treated during the split. Do they survive a split and how will they be apportioned?
    I'm basically expecting another impairment.

    I think it will 'create value' for the lenders that recapitalise both businesses.

 
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