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(Adds Brookfield comments, Origin comment)
By Sameer Manekar
Nov 10 (Reuters) - Origin Energy Ltd, Australia's no.2 power producer and energy retailer, backed an A$18.4 billion ($11.8 billion) non-binding buyout offer from a consortium led by Canada's Brookfield Asset Management, the companies said on Thursday.
Origin opened its books to the consortium after it raised its offer to A$9 per share in cash, a near 55% premium to Origin's last close of A$5.81. The company said it would recommend s...
>>> Read more: UPDATE 3-Origin Energy backs $11.8 bln buyout offer from Brookfield consortium
By Sameer Manekar
Nov 10 (Reuters) - Origin Energy Ltd, Australia's no.2 power producer and energy retailer, backed an A$18.4 billion ($11.8 billion) non-binding buyout offer from a consortium led by Canada's Brookfield Asset Management, the companies said on Thursday.
Origin opened its books to the consortium after it raised its offer to A$9 per share in cash, a near 55% premium to Origin's last close of A$5.81. The company said it would recommend s...
>>> Read more: UPDATE 3-Origin Energy backs $11.8 bln buyout offer from Brookfield consortium
