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AGL ups stake in Sydney Gas

AGL Energy has increased its stake in takeover target Sydney Gas for the fourth time in as many t...

Marija Stojkovic

On Friday, the company secured 36.2% of the coal seam gas explorer, up from 30.9% on Tuesday. AGL made a $171 million all-cash takeover bid for Sydney Gas on December 24 in a move to increase its gas...

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