ORG News: UPDATE 1-Origin Energy's top shareholder rejects Brookfield's 'best and final' $10.5 bln bid - 2nd Nov 2023, 12:13pm

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(Updates with AustralianSuper comment, background on deal)

Nov 2 (Reuters) - Pension fund AustralianSuper on Thursday rejected the Brookfield consortium's best and final A$16.40 billion ($10.53 billion) takeover offer for Origin Energy, saying the sweetened offer remained "substantially" below its estimate.

The consortium led by Canada's Brookfield, which also includes EIG's MidOcean Energy, is proposing Origin shareholders A$9.53 per share, up from the prior offer of A$8.81 apiece, and a 5.1%...

>>> Read more: UPDATE 1-Origin Energy's top shareholder rejects Brookfield's 'best and final' $10.5 bln bid
 
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