MIKE CANNON BROOKES News & Analysis

The demerger was a way for the energy company to keep its lenders onside. Assets sales or dividend cuts may now be required.

The upcoming battle over management’s demerger proposal could set the stage for a third tilt at the company.

Now AGL’s largest shareholder, Cannon-Brookes plans to vote against management’s demerger proposal, which Morningstar supports, at the annual general...

$5 billion bid is unlikely to be the first tilt at the power generator and retailer.