AGL Energy in Brookfield and Grok Ventures’ Crosshairs
The Brookfield consortium clearly knew that a near no-premium bid would be rejected. The strategy seems to nudge the Board to seek better terms and...
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Brookfield/Cannon-Brookes Lowball Bid for AGL (AGL AU) Likely to Get the Kibosh.
Brookfield and billionaire Mike Cannon-Brookes presented a bid to buy out AGL; the Board met Sunday. I expect it gets no play, but recent coal...
510 Views
Australia and New Zealand Candidates for Placement
Over the past two weeks, Australia and New Zealand have collectively seen over ten placements/entitlement offerings, of which we have covered...
663 Views
Perpetual Angles For A Bump In ERM Power
On the 22 August, Australian energy company Erm Power Ltd (EPW AU) entered into a Scheme Implementation Deed (SID) with Shell Energy Australia...
652 Views
Shell's ERM Power Play
Australian energy company Erm Power Ltd (EPW AU) has entered into a Scheme Implementation Deed with Shell Energy Australia under which Shell...
669 Views