ORG News: Origin Energy shareholder rejects fresh Brookfield $10.5 billion bid, shares fall - 2nd Nov 2023, 9:05am

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By Scott Murdoch and Lewis Jackson

SYDNEY (Reuters) -Origin Energy's largest shareholder on Thursday said it would vote against a "best and final" A$16.40 billion ($10.55 billion) offer from a Brookfield consortium for Australia's biggest energy retailer, throwing the deal's future into doubt.

AustralianSuper said in a statement the consortium's A$9.53 per share offer, an 8% increase over the previous A$8.81 apiece bid, remained "substantially below" its estimate of Origin's long-term value.

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>>> Read more: Origin Energy shareholder rejects fresh Brookfield $10.5 billion bid, shares fall
 
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