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AGL rejects Atlassian founder's takeover bid | Westpac releases Square rival | Hermes belted by production caps

AGL rejects Atlassian founder's takeover bid | Westpac releases Square rival | Hermes belted by production caps

Published 4 years, 3 months ago
Description

Energy giant AGL has rejected an unsolicited takeover bid by Atlassian founder Mike Cannon-Brookes and investment company Brookfield.

 

Westpac is bringing out a new, sleek eftpos terminal to compete with Block (fka Square).

 

Limits on production have hit luxury handbag maker Hermés’ bottom-line - and sent shares tumbling 5% last week.

 

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