AGL News: Brookfield buys AGL stake as Australia’s coal closures accelerate - 30th Jun 2022, 5:05pm

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Brookfield Asset Management has built a stake in AGL Energy four months after walking away from an attempt to take over the Australian power company alongside software billionaire and climate activist Mike Cannon-Brookes. AGL said in a regulatory filing that a subsidiary of Brookfield had bought a 2.56 per cent stake in the company but that no new bid for the business had been made. It was unclear when Brookfield acquired the shares.

>>> Read more: Brookfield buys AGL stake as Australia’s coal closures accelerate