ORG News: UPDATE 1-Brookfield's $10.6 bln bid for Origin Energy expected to fail on Monday - 4th Dec 2023, 11:21am

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(Adds Origin share price trading on Monday in paragraph 2)

By Scott Murdoch

SYDNEY, Dec 4 (Reuters) - The outcome of a Brookfield consortium's $10.6 billion bid for Australia's Origin Energy will be officially known on Monday, with investors expected to vote down its year-long attempt to buy the country's largest power retailer.

Origin's shares shed 3% to A$7.94 in early trade Monday ahead of the vote, a fresh-nine month low for the company, indicating investors expect Brookfield and its bidd...

>>> Read more: UPDATE 1-Brookfield's $10.6 bln bid for Origin Energy expected to fail on Monday
 
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