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Pedestrian.tv
Pedestrian.tv
National
Aleksandra Bliszczyk

A Billionaire Made A Bid For Aus’ Biggest Polluting Company In An Effort To Speed Up Net Zero

Australia’s largest power company and biggest polluter AGL Energy has rejected a takeover bid that would’ve seen the company reach net zero by 2030.

Australian software billionaire and Atlassian co-founder Mike Cannon-Brookes and Canadian asset management giant Brookfield lodged an unsolicited bid on Saturday to buy the company for $7.50 per share, or around $8 billion.

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