Business
AGL applies green lipstick to attract investors – Sydney Morning Herald
What do you get when you mix a palate of brown and green? Sorry AGL the answer is still brown.
An ownership separation would require AGL to sell PrimeCo to someone else, spin it off via selling it to stock market investors or demerging it – which essentially means giving it away to AGLs current investors after which it would trade separately on the stock exchange.
Its safe to say that finding a trade buyer would test the mettle of even the most skilled investment banker.
Spinning it out would require finding investors with an appetite for a business that has been environmentally disrupted…
-
Noosa News10 hours agoJessica Alba spotted filming spy thriller on the Gold Coast as cameras roll under iconic bridge
-
Noosa News22 hours agoTallest tower outside CBD approved for construction at 205 metres
-
Noosa News23 hours agoFarmgate Backpackers leads with integrity amid industry challenges
-
General18 hours agoWall St futures bounce, Asia still shaky