ORG News: Brookfield and EIG bid $12bn for Australia’s Origin Energy - 10th Nov 2022, 4:29pm

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Canadian investor Brookfield Asset Management and US-based EIG Global Energy Partners are set to take over one of Australia’s largest energy companies, in an A$18.4bn ($11.8bn) bid for what they call a “once in a generation” opportunity to invest in the global energy transition. Origin Energy, a liquefied natural gas developer and energy company with 4.2mn residential customers, said it would recommend the deal to its shareholders if the indicative and non-binding offer of A$9 a s...

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