annb0t
Top 20
(Corrects to say Origin Energy recommends Brookfield's original bid, not revised proposal in first and fourth paragraph)
Nov 30 (Reuters) - Australia's biggest energy retailer Origin Energy said on Thursday the "complex" new offer by a Brookfield-EIG consortium to buy out the firm is not in the best interest of its shareholders, but recommended that they back the original bid.
The new bid, offered earlier this month, proposes the sale of Origin's energy markets business to Brookfield for A$12....
>>> Read more: CORRECTED-UPDATE 1-Brookfield's revised 'complex' offer not in best interest of shareholders - Origin
Nov 30 (Reuters) - Australia's biggest energy retailer Origin Energy said on Thursday the "complex" new offer by a Brookfield-EIG consortium to buy out the firm is not in the best interest of its shareholders, but recommended that they back the original bid.
The new bid, offered earlier this month, proposes the sale of Origin's energy markets business to Brookfield for A$12....
>>> Read more: CORRECTED-UPDATE 1-Brookfield's revised 'complex' offer not in best interest of shareholders - Origin