AGL News: Tech billionaire Mike Cannon-Brookes launches corporate raid on power producer AGL - 2nd May 2022, 9:15pm

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Australian tech billionaire and climate activist Mike Cannon-Brookes has bought an 11.28 per cent stake in AGL Energy in a corporate raid to block a proposed demerger that would split the company’s coal-fired power plants from its retail business. Cannon-Brookes, co-founder of software company Atlassian, said the demerger was “globally irresponsible” and that he was working to persuade other shareholders to vote it down, arguing that the cash should be used to invest in renewables...

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