The duo lobbed a sweetened offer over the weekend, and it didn’t take long for AGL’s board to knock it back again.
With the tag team out of the scene, AGL Energy’s investors will be hoping the company has a stronger story to tell on the value that its mooted demerger could create for them.
Regional gold consolidation is back in resources bankers pitchbooks with dealmakers turning to one of their favourite stomping grounds, Western Australia’s goldfields region.
Aussie fund manager Tribeca Investment Partners is trying to replicate the success of Wall Street titans like Oaktree Capital Management and Elliott Management by getting an early ticket to the high-yield credit game.