AGL cans bid for Vocus Group, but still on lookout for telco...

AGL cans bid for Vocus Group, but still on lookout for telco purchases
But after a week of doing that due-diligence process, AGL has decided to withdraw the offer for Vocus but says it will continue to look for opportunities to align its energy services with data services as it works to diversify its customer offers.“AGL is exploring investment opportunities across three focus areas: optimising our existing portfolio for performance and value, evolving and expanding our core energy markets offerings, and creating new opportunities with connected customers,” AGL CEO Brett Redman said in a statement to the ASX.

https://reneweconomy.com.au/agl-cans-bid-for-vocus-group-but-still-on-lookout-for-telco-purchases-72300/