AGL lobs in takeover offer

AGL Energy is seeking to beef up its electricity retail arm by lobbing in a takeover bid for Australian Power and Gas Company, which values APG at about $158 million.

AGL lobs in takeover offer AGL lobs in takeover offer AGL lobs in takeover offer AGL lobs in takeover offer AGL lobs in takeover offer

Moreover, AGL told the market today that an offer of 52c per share had been initially accepted by the three largest shareholders of APG - Nippon Gas, the Cobra Group and the Poole Interests.

loader