ORG News: Origin/Octopus: tentacular pricing makes a sucker of Brookfield - 5th Dec 2023, 4:12am

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As smart molluscs, octopuses have a habit of overturning expectations. Shareholders at Australia’s Origin Energy have blocked a near-$13bn bid by a consortium led by the Canadian asset manager Brookfield. One complaint is that the deal undervalued Origin’s 20 per cent share in Octopus, the fast-growing UK energy company.

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