{{ currentBoardShortName }}

{{data.symbol | reutersRICLabelFormat:group.RICS}}

{{data.netChng | number: 4 }}

{{data.netChng | number: 2 }}

{{data | displayCurrencySymbol}} {{data.price | number: 4 }}

{{data.price | number: 2 }}

{{data.symbol | reutersRICLabelFormat:group.RICS}}

{{data.netChng | number: 4 }}

{{data.netChng | number: 2 }}

{{data | displayCurrencySymbol}} {{data.price | number: 4 }}

{{data.price | number: 2 }}

Markets

As of: {{timeStamp.date}}
{{timeStamp.time}}

{{data.symbol | reutersRICLabelFormat:group.RICS}}

{{data.netChng | number: 4 }}

{{data.netChng | number: 2 }}

{{data | displayCurrencySymbol}} {{data.price | number: 4 }}

{{data.price | number: 2 }}

{{data.symbol | reutersRICLabelFormat:group.RICS}}

{{data.netChng | number: 4 }}

{{data.netChng | number: 2 }}

{{data | displayCurrencySymbol}} {{data.price | number: 4 }}

{{data.price | number: 2 }}

{{ stock.symbol }} {{ stock.price | currency }} {{ stock | formatPrefix }}{{ stock.netChng | formatNetChange }}

LIVE:
Watch BNN Bloomberg, Canada's Business News Network, live here now

Investing

Latest Videos

{{ currentStream.Name }}

Related Video

Up Next

Now Showing

{{ video.Name }}

Continuous Play:

The information you requested is not available at this time, please check back again soon.

More Video

May 28, 2022

AGL May Unveil Strategic Review, the Australian Reports

Jackie Edwards, Bloomberg News

Power lines stretch across farmland in the Latrobe Valley, Australia, on Saturday, Feb. 23, 2019. Australian Prime Minister Scott Morrison is pledging A$2 billion ($1.4 billion) over the next 10 years in direct action to lower greenhouse gas emissions, making a climate pitch to voters ahead of elections due by May. Photographer: Carla Gottgens/Bloomberg

Power lines stretch across farmland in the Latrobe Valley, Australia, on Saturday, Feb. 23, 2019. Australian Prime Minister Scott Morrison is pledging A$2 billion ($1.4 billion) over the next 10 years in direct action to lower greenhouse gas emissions, making a climate pitch to voters ahead of elections due by May. Photographer: Carla Gottgens/Bloomberg , Bloomberg

(Bloomberg) -- AGL Energy Ltd. could announce a strategic review of the company as soon as Monday amid doubts over its planned split, The Australian newspaper reported.

The Sydney-based utility is considering options as a proposal to separate its coal plants into a new company may not have enough shareholder support to proceed, according to the newspaper, citing unidentified sources.

Billionaire Mike Cannon-Brookes and other investors have spoken out against the demerger ahead of a shareholder vote on June 15. The Atlassian Corp. founder’s Grok Ventures investment arm has taken over about 11% of AGL, a stake he is using to unwind the company’s plan and push for more aggressive climate action.

Read: Cannon-Brookes Seeks to Win Two Board Seats at AGL Energy

AGL’s advisers have discussed delaying the split and launching a strategic review to buy time and explore other options, the Australian Financial Review reported, without saying where it got the information.

©2022 Bloomberg L.P.

Top Stories

- Company News
5:33

After months of negotiations, Loblaw agrees to sign grocery code of conduct

Loblaw Cos. Ltd. said Thursday it's ready to sign on to the grocery code of conduct, paving the way for an agreement that’s been years in the making.
- Commodities
Canada and U.S. make joint investment in critical mineral producers

The Canadian and U.S. governments say they're co-investing in critical mineral producers for the first time as they work to boost regional supplies.
- Company News
12:01

Manulife 20% YTD stock gain today 'years in the making,' CEO says

Manulife President and CEO Roy Gori says the company’s recent success “has been several years in the making” following a decade of challenges coming out of the 2008 financial crisis.
- Company News
8:12

Walmart tops US$500 billion in market value as results impress

Walmart Inc. shares surged on Thursday, pushing the retailer’s market value over US$500 billion for the first time, after it posted stronger-than-expected first-quarter earnings and boosted its annual sales and profit forecasts.