ORG News: Origin Energy backs $11.8 billion buyout offer from Brookfield consortium - 10th Nov 2022, 8:29am

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By Sonali Paul and Scott Murdoch

(Reuters) -Origin Energy Ltd, Australia's no.2 power producer and energy retailer, backed an A$18.4 billion ($11.8 billion) buyout offer from a consortium led by Canada's Brookfield Asset Management, the companies said on Thursday.

If successful, the takeover would rank as one of the biggest private equity-backed buyouts of an Australian company, and would be the largest deal in the country this year, Refinitiv data shows.

Brookfield and its partner MidOcean E...

>>> Read more: Origin Energy backs $11.8 billion buyout offer from Brookfield consortium
 
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