Examples of use of AGL
1. AGL launched a A$2.7 billion all–share takeover offer for Alinta after Alinta, one third the size of AGL, acquired 20 percent of AGL and launched an A$8.' billion hostile bid.
2. AGL and Alinta shares were placed on trading halt pending the announcement.
3. AGL wrote off A$25.1 million pre–tax, reflecting what it has spent on front end design work.
4. On Monday AGL shares closed up 0.3 percent at A$18.46 while Alinta rose 0.1 percent to A$11.01.
5. "With this deal, we will save an estimated USD12 million per year assisting us to reduce the number of full time employees engaged by AGL in IT support from more than 300 to about 20," AGL managing director Paul Anthony was quoted as saying by AAP.