Business
AGL stokes demerger talk after huge loss – The Australian Financial Review
A potential restructuring of the electricity and gas giant is under consideration as its customer base races towards low-carbon energy.
We wanted to signal today we are not sitting on hands with our eyes shut and our ears closed to conditions around us, but at the same time we want to be thoughtful and come back with a complex answer to a complex situation at the end of March, Mr Redman told analysts on a teleconference.
Are we talking about an attempted break-up of the business? MST Marquee analyst Mark Samter pondered in a note to clients, pointing also to potential changes to the capital structure and/or dividend policy.
RBC…
-
General16 hours agoOsborne Park Football Club suspended for two years after Stephen Hawking costume controversy
-
General17 hours agoMelbourne Cup five quick hits: Melham magic, Blake Shinn falls, and concern over blood from Half Yours’s mouth
-
Noosa News18 hours agoFatal traffic crash, Cooloola Cove
-
General15 hours agoAustralia warned of assassination attempts by regimes