Atlassian’s co-founder and climate crusader has ridden the teal wave to pull off the most sophisticated campaigns in Australian corporate history.
Billionaire Mike Cannon-Brookes has declared he has big ideas for the future of AGL ahead of a meeting this week with the power giant’s board of directors.
The billionaire investor has at least one non-negotiable element to his demands - that AGL does not attempt to sell off either of its two businesses.
On Friday evening,major institutional shareholder Martin Currie called AGL’s board to deliver the news that it would be voting against the merger,and it was game over.
After successfully derailing its planned demerger,Cannon-Brookes now wants AGL to rule out asset sales,including of its coal-fired power plants.
AGL says it will conduct a “strategic review” and has announced a “renewal” of its leadership after abandoning a controversial plan to split the company in two.
AGL is considering walking away from its controversial plan to split up the company’s coal and retail divisions amid pressure from shareholders.
Australian tech billionaire Mike Cannon-Brookes has declared he will seek two seats on AGL’s board if the energy giant’s proposed demerger collapses.
HESTA’s plan to vote against the demerger looks like it could be a tipping point for AGL and Mike Cannon-Brookes.
The $68 billion superannuation giant HESTA has confirmed it will reject AGL’s controversial demerger when it goes to a shareholder vote next month.
A top AGL investor says it is assessing climate and financial risks before voting on the energy giant’s demerger,as pressure from health workers intensifies.