Investors query Cannon-Brookes’ plans for AGL
Investors are demanding answers on what happens if the AGL Energy demerger vote fails, wanting the giant electricity supplier’s new biggest shareholder, Mike Cannon-Brookes, to spell out his intentions more fully.
With less than six weeks before the shareholder vote on the split of AGL into coal power-focused Accel Energy and retailer AGL Australia, analysts and investors are seeking more detail on the plans of Mr Cannon-Brookes, who emerged on Monday with an 11.27 per cent holding and declared his intention to ensure the demerger is blocked.
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Energy
Fetching latest articles