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By Scott Murdoch and Lewis Jackson
SYDNEY, Nov 23 (Reuters) - A Brookfield-led consortium's A$16.3 billion ($10.61 billion) bid for Origin Energy is expected to fail after the largest shareholder in Australia's biggest energy retailer said it would vote against the offer at an investor meeting on Thursday.
Australian Super, which has a 16.5% stake in Origin, said it believes the offer substantially undervalues the company's ability to profit from the shift to renewable energy, and has already ...
>>> Read more: Investors expected to vote against Brookfield's $10.6 bln bid for Australia's Origin Energy
SYDNEY, Nov 23 (Reuters) - A Brookfield-led consortium's A$16.3 billion ($10.61 billion) bid for Origin Energy is expected to fail after the largest shareholder in Australia's biggest energy retailer said it would vote against the offer at an investor meeting on Thursday.
Australian Super, which has a 16.5% stake in Origin, said it believes the offer substantially undervalues the company's ability to profit from the shift to renewable energy, and has already ...
>>> Read more: Investors expected to vote against Brookfield's $10.6 bln bid for Australia's Origin Energy
