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Brett Redman says the acquisition will improve AGL's WA market offering.

AGL to snap up Perth Energy in $93m deal

AGL Energy is set to continue its rapid expansion into the WA market, after it struck a deal to purchase WA’s third-largest electricity retailer, Perth Energy, for up to $93 million.

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Total Shareholder Return as at 30/09/16

1 year TSR5 year TSR
131stNewcrest Mining76%-8%
240thBrambles26%17%
249thSonic Healthcare25%19%
251stAGL Energy24%12%
460thMacquarie Group-11%24%
671 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
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Revenue

16th-AGL Energy$11,175.0m
18th-Macquarie Group$9,368.0m
20th↑Brambles$7,583.0m
24th↑Sonic Healthcare$5,048.4m
26th↑Newcrest Mining$4,476.2m
76 listed non wa companies ranked by revenue.
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