Bidders expected to walk away after an offer of $8.25 a share was rejected by the board of Australia’s largest energy company
Atlassian chief executive Mike Cannon-Brookes, along with Canadian asset manager Brookfield, increased his bid from the $7.50 a share offer that AGL said materially undervalued the company.Atlassian chief executive Mike Cannon-Brookes, along with Canadian asset manager Brookfield, increased his bid from the $7.50 a share offer that AGL said materially undervalued the company.AGL Energy has rejected a higher, potentially seeing off the unsolicited bid.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: