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(Reuters) - Australia's Origin Energy has extended the exclusivity period for a Brookfield-led consortium to finalise its A$15.5 billion ($10.81 billion) buyout bid, the power producer said on Tuesday.
The exclusivity period has been extended to Jan. 24, upon the consortium's request, Origin said. It is the second extension since the talks were first disclosed.
Origin Energy did not specify a reason for the extension, which sparked concern about the fate of the bid. Its shares fell as much as ...
>>> Read more: Origin Energy gives suitor Brookfield more time to review books
The exclusivity period has been extended to Jan. 24, upon the consortium's request, Origin said. It is the second extension since the talks were first disclosed.
Origin Energy did not specify a reason for the extension, which sparked concern about the fate of the bid. Its shares fell as much as ...
>>> Read more: Origin Energy gives suitor Brookfield more time to review books
