June 17 (Reuters) - Australia's AGL Energy Ltd AGL.AX said on Monday it would stop due diligence on Vocus Group VOC.AX just days after it offered A$3.02 billion ($2.08 billion) for the telecoms firm.
"We are no longer confident that an acquisition of Vocus at the proposed terms would represent sufficient certainty of creating value for AGL shareholders," AGL's Managing Director & CEO Brett Redman said.
($1 = 1.4545 Australian dollars)