ORG News: AustralianSuper to reject Brookfield's new $10.6 billion proposal for Origin Energy - 23rd Nov 2023, 3:55pm

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(Reuters) - Origin Energy's largest shareholder AustralianSuper said on Thursday it will vote against a latest revised $10.6 billion takeover bid from a Brookfield-led consortium, reiterating its view that the offer is "substantially below" its estimate of the power producer's long-term value.

Under the new terms, the A$9.43 per share bid remains but some investors can stay invested in the energy markets business that would be owned by Brookfield.

AustralianSuper, which owns more than 17% in O...

>>> Read more: AustralianSuper to reject Brookfield's new $10.6 billion proposal for Origin Energy
 
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