Bidders down pens on Origin, regroup in 2024
There’s no reworked bid for Origin by Brookfield and EIG arriving before Christmas, but next year? Who knows?
Origin Energy
$20bn deal for Origin collapses at last hurdle
The collapse of the deal is a blow to Australia’s energy transition, with Brookfield vowing to spend between $20bn-$30bn on new renewable energy and storage projects.
All eyes on state of Origin as investors vote
The future of Origin Energy will be laid bare on Monday, with investors scrutinising the scale of the expected defeat of a $20bn takeover deal lobbed by suitors Brookfield and EIG.
Decision time for Brookfield
It’s a big week for Brookfield as investors in its takeover target Origin Energy vote on its $16bn buyout proposal on Monday.
Brookfield to Origin investors: that’s the best offer
Brookfield says Origin Energy shareholders shouldn’t expect a sweetened bid if its almost $20bn offer fails to get the requisite support.
ASX rallies to close up
A rally in tech and industrials saw the benchmark finish in the green on Thursday as Origin Energy’s board rejected a proposed takeover bid.
Origin snubs revised bid, investors to vote on original $20bn offer
Brookfield and EIG had sought to undercut the sway of AustralianSuper to reject its near $20bn bid for Origin Energy, but the energy major says the bid isn’t in the best interest of shareholders.
ASX rises, has big monthly gain; Origin falls
ASX 200 has second best month of 2023. Origin rejects Plan B. Australian 7-Eleven business sold for $1.7bn. Guthrie ousted from Mighty Kingdom board. Iress soars.
AusSuper blocks members from buying Origin shares
The super fund giant that helped foil a $20bn takeover offer for Origin Energy, has banned its own investors from buying shares in the electricity and gas company.
Jarden-JBWere closer to merger deal
Further details are filtering out about Jarden’s plans to create a wealth management powerhouse across the Tasman to turbocharge its ANZ investment banking arm.
Major LNG terminal backlog as ship loses power
One of Australia’s largest LNG exporting facilities can’t load any new vessels after a ship has lost power, blocking others from docking at Curtis Island.
Origin ‘should walk away’ from Brookfield bid
The Origin board should end negotiations after a sizeable chunk of shareholders voted to reject the near $20bn bid, says influential opponent Angus Aitken.
Origin seeks improved bid from Brookfield
The energy group is in late talks amid doubts over the value of a ‘Plan B’ deal lobbed last week, while the ASA warns small investors are missing out.
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.
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’.
Original URL: https://www.theaustralian.com.au/topics/origin-energy/page/4