ORG News: Australia's Origin says independent expert deemed Brookfield's $9.7 bln bid "fair" - 19th Oct 2023, 3:43pm

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Oct 19 (Reuters) - Origin Energy on Thursday said an independent evaluation of its A$15.35 billion ($9.67 billion) takeover from a Brookfield Corp-led consortium valued Origin's equity at A$8.45 - A$9.48 per share, deeming it "fair and reasonable".

The range covers the offer price of about A$8.81 apiece from the consortium's March bid.

However, shares of Origin, the country's second-largest power generator, closed much higher than the offer price at A$9.21 in the previous session.

The deal re...

>>> Read more: Australia's Origin says independent expert deemed Brookfield's $9.7 bln bid "fair"
 
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