AGL Energy Says Co Will Not Proceed Further With Alinta Offer For Liddell Plant [Reuters]
AGL ENERGY LTD ADR (AGLNY)
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Source: Reuters
AGL Energy Ltd (AGL.AX) Key Developments | Reuters.com May 21 (Reuters) - AGL Energy Ltd ::AGL RESPONSE TO ALINTA OFFER FOR LIDDELL.HAS ADVISED CHOW TAI FOOK AND ALINTA THAT IT WILL NOT PROCEED ANY FURTHER WITH OFFER.AGL BOARD HAS DETERMINED THAT OFFER IS NOT IN BEST INTERESTS OF AGL OR ITS SHAREHOLDERS.REAFFIRMED ITS DECISION TO CLOSE LIDDELL IN DECEMBER 2022 AND WILL CONTINUE PROGRESSING ITS NSW GENERATION PLAN.AGL ENERGY SAYS AUSTRALIAN ENERGY MARKET OPERATOR CONFIRMS COMPLETION OF PLAN WILL ADDRESS CAPACITY SHORTFALL THAT MAY OCCUR DUE TO LIDDELL CLOSING. Reuters, the news and media division of Thomson Reuters , is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV. Learn more about Thomson Reuters products: A
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