Agl Energy Limited · ASX:AGL
Agl Energy — Merger or Acquisition (January 2007)
10 slides from Agl Energy's merger presentation, Jan 9, 2007
Slide 1: AGL ASX & media release, 9 January 2007
AGL Energy Limited Fel: +61 2 9921 2999 ABN 74 £15 061 375 Fax: +61 2 9924 2552 AGL Centre, 72 Christie Street Locked Bag 1837 St Leonards, 2065 St Leonards, 2065. www.agl.com.au asx & media release 9 January 2007 AGL presentation Further to AGL’s earlier release of today, attached is the presentati
Slide 2: A Transforming Opportunity
A Transforming Opportunity AGL Briefing January 9, 2007
Slide 3: Disclaimer
disclaimer The information in this presentation: is not an offer or recommendation to purchase or subscribe for securities in agl energy limited or to retain any securities currently held does not take into account the potential and current individual investment objectives or the financial situation
Slide 4: Introduction
introduction This presentation is to update the market in light of recent reporting. It has been developed without the benefit of input from Origin who are currently evaluating the proposal. AGL believes that the merger proposal offers unique potential to unlock significant value for both companies’
Slide 5: Origin and AGL have similar market caps and are highly complementary
Origin and AGL have similar market caps and are highly complementary: : AGL? Broker Consensus NPAT (A$m)2: FY2007 FY2008 FY2009 Aust Electricity Customers (000) Aust Generation (MW) Aust. Gen Development Opps. (MW) Aust Gas & LPG Customers (‘000) Aust Dual Fuel Customers (000) Gas Demand (PJ per ann
Slide 6: Creation of an integrated energy major
creation of an integrated energy major A merger of equals between Origin and AGL would position the combination as Australia’s leading integrated energy company of world class status, capable of making the scale of investments required in Australia’s-growing energy sector. « Creation of an Australia
Slide 7: Significant combination benefits
significant combination benefits Combining AGL and Origin’s operations offers: e An enhanced channel.to market » combined customer base will create an enhanced channel to market with greater scale > significant opportunity to improve efficiency by exploiting AGL's Phoenix initiatives to enhance cust
Slide 8: Benefits to both sets of shareholders
benefits to both sets of shareholders The unique benefits are only available to both sets of shareholders via a merger of AGL and Origin due to the distinct complementary business profiles of the two entities: «..Removal.of duplicated effort and resources alone will deliver savings of circa $150m pe
Slide 9: Turbocharge the integrated strategy
turbocharge the integrated strategy
Slide 10: Approach
approach A true merger of equals which recognises benefits that are available only due to the unique business profiles of AGL and Origin: Scrip based nil-premium MOE, with AGL and Origin shareholders each owning circa 50% of the merged entity In true MOE style, selection of management from both comp