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…
-
Noosa News23 hours agoTwo-time Archibald Prize-winning painter William Robinson has died, aged 89
-
Noosa News23 hours agoWilliam Robinson dies aged 89
-
General23 hours agoCalls for corruption probe into completion of mayor’s Surfers Paradise Bowls Club site purchase
-
General23 hours agoMatt Wright wanted to hinder investigations into chopper crash ‘at almost any cost’, jury hears