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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. âThe Brookfield-Grok consortium looking to take private and transform AGL is putti...
>>> Read more: Brookfield walks away from AGL after second bid rejected
>>> Read more: Brookfield walks away from AGL after second bid rejected