AGL Energy Limited (“AGL”) has today been granted exclusive access to conduct due diligence on Vocus Group Limited (“Vocus”) for a period of four weeks after submitting a non-binding, indicative proposal to acquire Vocus at $4.85 per share1 via Scheme of Arrangement (“the Indicative Proposal”).

Read the full submission here.

About AGL

AGL is committed to helping shape a sustainable energy future for Australia. We operate the country’s largest electricity generation portfolio, we’re its largest ASX-listed investor in renewable energy, and we have 3.6 million customer accounts. Proudly Australian, with more than 180 years of experience, we have a responsibility to provide sustainable, secure and affordable energy for our customers. Our aim is to prosper in a carbon-constrained world and build customer advocacy as our industry transforms. That’s why we have committed to exiting our coal-fired generation by 2050 and why we will continue to develop innovative solutions for our customers.

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