The power plays behind industry super’s active role
AustralianSuper’s defeat of a $20bn takeover bid for Origin Energy has underscored the increasing power of the $1.2 trillion industry superannuation fund sector.
Origin Energy
30pc of Origin votes rejected Brookfield bid
Brookfield and EIG have kept alive their bid for Origin Energy, but proxy vote results indicate it will have a tough task to win control of Australia’s largest electricity and gas retailer.
30pc of Origin votes rejected Brookfield bid
Brookfield and EIG have kept alive their bid for Origin Energy, but proxy vote results indicate it will have a tough task to win control of Australia’s largest electricity and gas retailer.
Origin’s board needs to send Brookfield packing
The fact is, the $20bn Brookfield-EIG bid to take control of Origin Energy failed on its merits. And its Plan B will also fail.
Grounds work laid for new Origin offer
Australia’s most high profile banker Matthew Grounds is understood to have played a key part in the latest Origin Energy negotiations with its bidders.
Origin bidders hatch clever plan to outsmart AusSuper
It’s a cunning plot, but will the mastermind play by Brookfield, EIG and their bankers be enough to outsmart king of the pension fund world AustralianSuper?
Snubbed Origin suitors lob their Plan B
The fresh offer – tabled just hours before the consortium’s $20bn bid was likely to be rejected – sidelines AustralianSuper and has been labelled ‘a bit of a mess’.
AusSuper to vote against new Origin deal
Origin Energy’s largest shareholder, AustralianSuper, plans to reject new takeover offers tabled by Brookfield and EIG in the latest blow for the foreign consortium.
December vote now mooted for ‘tweaked’ Origin Energy offer
It is understood the revised proposal involves differing terms, but not necessarily a higher price.
ASX closes down; New Origin offer ‘appears inferior’
Origin shares rise, has ‘significant reservations’ over proposal. AMP up on $100m class action settlement. Nick Scali CEO’s $50m selldown. First strikes for AV Jennings, Johns Lyng.
Heavy trading in Origin Energy
Origin Energy’s heavy trading on Thursday has some curious as to what could be behind the lift in activity.
Origin shares buy-up could jeopardise buyout proposal
There is a theory building that it makes sense for Brookfield and EIG to launch a takeover bid for Origin Energy before shareholders are due to vote on its $16bn buyout proposal.
AustralianSuper ‘risks being nation’s worst climate blocker’
The Nature Conservation Council of NSW has lobbed the inflammatory accusation saying AustralianSuper must support the Origin deal or add to Australia’s energy transition troubles.
Top shareholder proxy group backs $20bn Origin bid
Institutional Shareholder Services recommends Origin Energy investors back Brookfield and EIG’s near $20bn takeover bid, despite the energy player’s top shareholder snubbing the offer.
Brookfield, EIG launching hostile bid for Origin Energy
The battle for the country’s largest energy retailer is far from over.
AusSuper ‘should lob rival Origin bid or walk away’
The boss of EIG, which is trying to take over Origin Energy with Brookfield, says AustralianSuper should launch a counter bid for the energy major or move on.
Bankers work on AusSuper block
Investment bankers working on the sale of Origin Energy are believed to be focusing on AustralianSuper, as they stand to lose about $50m in fees on the transaction if it fails.
Behind the scenes tensions hint at AusSuper’s motives for Origin
In a fresh twist to one of the nation’s biggest corporate deals, it has emerged AustralianSuper made a late move to join the consortium bidding for Origin Energy.
Aussie Super raids Origin Energy
AustralianSuper is amassing more shares in Origin Energy after rejecting a sweetened offer from Brookfield and EIG.
Why AusSuper’s Origin block is a whole new ball game
When AustralianSuper extracted more from the Brookfield-led consortium chasing Origin Energy, it rewrote the rule book about industry funds and their role in corporate influence.
Original URL: https://www.theaustralian.com.au/topics/origin-energy/page/4