Business
ASX 200 dips, AGL to split in two, NAB’s neobank acquisition approved Tuesday 30 March 2021
The S&P/ASX 200 Index (ASX: XJO) fell by around 0.9% today to 6,738 points.
Some of the ASX’s blue chips announced news, including an acquisition being approved by the ACCC.
Here are some of the highlights from today:
A restructuring of Australia’s biggest electricity business made some headlines.
The ASX 200 business said that it’s going to split itself into two businesses, one called “New AGL” and one called “PrimeCo”.
New AGL will be Australia’s largest multi-product energy retailer, leading the transition to a low carbon future.
PrimeCo will be Australia’s largest electricity generator, which will support the…
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