Australia's AGL withdraws demerger proposal
In the wake of the decision, the company’s chairman and CEO will resign, along with two other board members.
Source: naturalgasworld.com
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AGL demerger backflip labelled 'most bungled and misguided' restructure attempt in history
AGL’s demerger backflip has been labelled “the most bungled and misguided” attempt at a corporate restructure in Australian history. On Monday morning, Australia’s biggest domestic contribut
Source: investordaily.com.au
The Wrap: ASX consolidates gains with a 1.5% lift
The US gave our local sharemarket a strong lead in more ways than one with US President Joe Biden sending shares of Bubs Australia up almost double this morning.
Source: watoday.com.au
AGL abandons demerger, leadership resigns
Following shareholder opposition underscored by ESG concerns, AGL will no longer pursue a demerger; a move that sees the departure of its chief executive Graeme Hunt and chair Peter Botten.
Source: financialstandard.com.au
Australia's AGL Energy ditches demerger, CEO and chairman to quit
By Sonali Paul and Harshita Swaminathan MELBOURNE (Reuters) -Australia's top power producer AGL Energy on Monday ditched plans to split the company and
Source: shorenewsnetwork.com