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Demerged AGL arms ‘too small to fund growth’ – The Australian Financial Review

AGL shares have continued south, with the market worried about funding for the two businesses after the proposed demerger.

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The market concerns about the demerger plan were also reflected by credit ratings agency Moodys, which advised that the move will weaken the power-generation arm at a time of mounting physical and regulatory risks from climate change.
Terminating the special…

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