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MARKETS

Brookfield urges AGL to prove demerger provides better value

BROOKFIELD Asset Management vice-chairman Mark Carney has called on the board of AGL to show proof that its planned demerger would benefit shareholders over its defeated takeover bid.

Mark Tilly
AGL's Loy Yang coal-fired power station

AGL's Loy Yang coal-fired power station

"The decision rests with the AGL board, and they will be accountable to their shareholders and stakeholders to demonstrate that the plan that they're choosing, the demerger plan, is more valuable in all...

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