Australian Watchdog Powers Down AGL's $1.3B MacGen Buy
By Alex Lawson ( March 4, 2014, 11:31 AM EST) -- Australia's antitrust enforcer on Tuesday formally opposed AGL Energy Ltd.'s bid to acquire state-owned Macquarie Generation for 1.51 billion Australian dollars ($1.35 billion) after determining that the deal would likely suppress competition in the retail electricity market in New South Wales....
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