UBS analysts, already wary about whether shareholders would approve the split, said the buying and AGL Energy’s lack of a Plan B was potentially bad news for the share price.Digicam
“However, the fact that c. 50% of AGL’s register are retail investors who may not have had the same access to management as institutional investors to understand the complex rationale for the demerger, combined with Cannon-Brookes’ interest and influence, now further amplifies shareholder approval risk, in our view.
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