ORG News: Proxy firm ISS recommends vote in favour of Brookfield-led consortium's Origin Energy bid - 7th Nov 2023, 6:50am

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By Scott Murdoch

SYDNEY (Reuters) - Proxy advisory firm Institutional Shareholder Services (ISS) has recommended investors vote in favour of a Brookfield-led consortium's $10.5 billion bid for Australia's Origin Energy.

The offer has been rejected by pension fund AustralianSuper, which is Origin Energy's largest shareholder.

Brookfield and EIG Partners has offered A$9.53 per share for Origin Energy. Shareholders are due to vote on the bid on Nov. 23. Seventy-five percent of votes must be cast...

>>> Read more: Proxy firm ISS recommends vote in favour of Brookfield-led consortium's Origin Energy bid
 
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