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AGL makes $171m offer for Sydney Gas

AGL Energy has made a $171 million all-cash takeover bid for Sydney Gas in a move to increase its...

AGL makes $171m offer for Sydney Gas

The offer, which comes on the back of Arrow Energy's bid for Pure Energy, values Sydney Gas at 42.5c per share and represents a 55% premium on its closing price of 27.5c on Monday. "Combining this acquisition...

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