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Australia’s largest power firm rejects green takeover bid

SYDNEY (AFP) – Australia’s largest energy firm and biggest carbon emitter AGL yesterday rejected a takeover bid from green-minded tech billionaire Mike Cannon Brookes, who planned to shutter the firm’s coal-fired power plants. Atlassian co-founder Cannon Brookes had teamed up with Brookfield Asset Management to offer USD5.8 billion for the electricity production and distribution firm
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