AGL News: Brookfield walks away from AGL after second bid rejected - 6th Mar 2022, 9:45pm

[annb0t]

Canadian investment group Brookfield Asset Management and tech billionaire Mike Cannon-Brookes have abandoned their campaign to acquire AGL Energy after their second bid for the Australian company was rejected. The Brookfield consortium made a non-binding offer to buy the company for A$8.25 a share over the weekend, up from the initial offer of A$7.50 made two weeks ago, people on both sides of the deal said. “The Brookfield-Grok consortium looking to take private and transform AGL is putti...

>>> Read more: Brookfield walks away from AGL after second bid rejected