AGL closes on full APG takeover

Energy giant further lifts stake, nearing compulsory takeover threshold.

AGL Energy (AGK) has increased its stake in takeover target Australian Power & Gas (APK) for the second time this week, edging closer to the compulsory acquisition threshold of 90%.

In a statement to the Australian Securities Exchange, the energy giant noted it had lifted its stake a further 3.52% to 87.89%.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles