Australia’s AGL Rejects $3.6 Billion Takeover Bid From Brookfield, Billionaire Mike Cannon-Brookes

AGL Energy has rejected the A$5 billion ($3.6 billion) takeover bid jointly made by Canada’s Brookfield Asset Management and Grok Ventures—the investment vehicle of Australian tech billionaire Mike Cannon-Brookes—over the weekend, saying the offer was too low.

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