AGL Energy mulls strategic review amid demerger doubts - report

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AGL Energy mulls strategic review amid demerger doubts - report
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AGL Energy Ltd could launch a strategic review as early as Monday as doubts grow over the Australian power producer’s plans to split into two companies, the Australian newspaper reported.

The logo of AGL Energy Ltd, Australia's no.2 power retailer, adorns the building of their head office in Sydney, Australia, February 8, 2017. Picture taken February 8, 2017. REUTERS/David Gray/File Photocould launch a strategic review as early as Monday as doubts grow over the Australian power producer’s plans to split into two companies, the Australian newspaper reported.

AGL’s board was to meet on Sunday afternoon to determine next steps, with a decision possible on Monday, the report said.

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