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Mike Cannon-Brookes Abandons Plan To Buy One Of Australia s Largest Energy Suppliers

By Brett Lackey for Daily Mail Australia and Marion Rae for Australian Associated Press

Northern territoryNew south walesDavid ritterGraeme huntPeter bottenDan gocherAccel energyAustralasian centerMike cannon brookesGrok ventureCorporate responsibilitySun cable

AGL rejects revised takeover offer

The Australian utility said the higher offer remains below the fair value of the company.

New south walesPeter bottenAccel energyAustralian securities exchangeBrookfield asset managementAustralian securitiesElectricity generationAgl energyRenewable energyRetail arm

Second Attempted Takeover of Australian Energy Giant by Green Investors Fails

One of Australia’s largest energy providers, AGL Energy, has rejected a second bid from tech billionaire Mike Cannon-Brookes .

New south walesAngela merkelSteve baxterCampbell newmanDaniely tengDavid ritterScott barbour gettyElon muskPeter bottenAccel energyEnergy transition investment partnershipMike cannon brookesChair peter bottenTimes photoGetty imagesGreenpeace australia pacific

Mike Cannon-Brookes abandons plan to buy one of Australia s biggest energy providers

AGL has knocked back Australian software billionaire Mike Cannon-Brookes and asset manager Brookfield s takeover bid which would have been world s biggest decarbonisation project.

Northern territoryNew south walesDavid ritterGraeme huntPeter bottenDan gocherAccel energyAustralasian centre for corporate responsibilityMike cannon brookesGrok ventureCorporate responsibilitySun cableGreenpeace australia pacific

Brookfield drops takeover of AGL after second bid refusal

The Canadian asset firm and billionaire Mike Cannon-Brookes’ Grok Ventures have dropped their joint bid to acquire AGL Energy.

New south walesScott morrisonAccel energyAtlassian corpMike cannon brookesPrime minister scott morrison

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