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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 companyâs coal-fired power plants from its retail business. Cannon-Brookes, co-founder of software company Atlassian, said the demerger was âglobally irresponsibleâ and that he was working to persuade other shareholders to vote it down, arguing that the cash should be used to invest in renewables...
>>> Read more: Tech billionaire Mike Cannon-Brookes launches corporate raid on power producer AGL
>>> Read more: Tech billionaire Mike Cannon-Brookes launches corporate raid on power producer AGL