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?
Origin Energy
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.
Origin vote a close call but AusSuper in driver’s seat
Thursday’s vote on the $20bn takeover of Origin Energy by the Brookfield and EIG consortium is the culmination of one of the most contested bid battles in Australia for years.
AusSuper shifts gears to become kingmaker
Behind AustralianSuper’s aggressive positioning in the $20bn bid for Origin Energy is a change of strategy from a passive investor to an active player in the Australian sharemarket.
Origin Energy’s fate likely set as proxy deadline passes
The future of Origin Energy has largely been decided after a deadline for proxy votes on Brookfield and EIG Partners’ almost $20bn bid for the group passed.
US arb funds take Origin off Thanksgiving menu
It’s not so happy holidays for US-based hedge funds looking to prosper on upside from a successful buyout of Australia’s largest energy retailer.
AusSuper locks in stake for ‘tough’ Origin Energy vote
AustralianSuper has finalised how many votes it will be able to cast when Origin shareholders vote to support or reject a near-$20bn bid from Brookfield and EIG Partners.
Eyes on Origin as countdown begins to shareholder vote
Brookfield and EIG’s battle for Origin Energy is the most heavily scrutinised buyout in the Australian market this year and the stakes are high.
ASX ends flat; Optus begins CEO search
Berejiklian flags interest in Optus top job. Healius raising $187m to ‘reset’ balance sheet New ASX platform a ‘multi-year undertaking’. Rio Tinto cops $43m fine.
Origin vows to go green, bid or no bid
Origin Energy has declared it can still pull off an ambitious green pivot, even if a contested $20bn foreign takeover doesn’t proceed.
AusSuper’s Origin stake pushes past 17pc
Just days out from a vote to determine the fate of the $20bn bid for Origin Energy, AustralianSuper has momentum in its efforts to spoil the party.
Origin Energy offer set to fail
The Bermuda-based bidder Brookfield has waged a public campaign making out it is Australia’s environmental saviour, but price matters.
Perpetual tipped to be selling Origin shares
The plot thickens in the battle with Origin Energy with the latest development surrounding the trading of its shares.
Perpetual hits out at ‘disgraceful’ Origin suitors
Perpetual is the latest dissenting voice as the Brookfield-EIG consortium attempts to woo enough votes for its almost $20bn takeover of Origin Energy.
AustralianSuper nibbles at Origin Energy
Only a small amount of the buying activity by Macquarie Capital in Origin Energy was linked to AustralianSuper on Tuesday night.
Macquarie buys up Origin shares, AusSuper back in spotlight
AusSuper’s broker is back in the market buying more Origin Energy shares, triggering suggestions the super fund is working hard to block a takeover deal.
AustralianSuper launches second Origin Energy raid
The country’s largest superannuation fund looks almost certain to block Brookfield and EIG’s buyout proposal through a scheme of arrangement as it increases its holding.
Original URL: https://www.theaustralian.com.au/topics/origin-energy/page/5