ORG News: Origin Energy shareholder shows hand and backs $10.5 billion Brookfield bid - 17th Nov 2023, 12:38pm

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By Lewis Jackson

SYDNEY (Reuters) - Origin Energy shareholder VanEck Australia will support the $10.5 billion bid from Canada's Brookfield and EIG, according to a senior executive, one of only a handful of funds to reveal their hand ahead of the shareholder vote next Thursday.

The Brookfield consortium's A$9.53 offer is a "good premium" given the uncertainty around Origin Energy's ability to profit from the shift to renewable energy, according to Jamie Hannah, deputy head of investments and ca...

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