Business News

AGL said no to an $5 billion bid, but it isn't over – here's how takeover bids work

Written by Ian Ramsay, Emeritus Professor, Melbourne Law School, The University of Melbourne

Australian companies are being taken over like never before. On Saturday February 19 a consortium involving tech billionaire Mike Cannon-Brookes and Canadian asset manager Brookfield offered A$5 billion to buy AGL Energy.

AGL is Australia’s biggest electricity supplier and owns Australia’s two highest emitting power stations.

The...

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Top five most sought after skills, according to Australian businesses

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