GAS

APG team ousted in takeover

AGL Energy has moved quickly to install two directors on the board of the recently acquired Australian Power and Gas Company.

Bianca Bartucciotto

The company made an unconditional, on-market takeover of APG at a price of 81c per share to earn more than 50% in the company. As part of the takeover, AGL was entitled to appoint its own board members...

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