ORG News: UPDATE 3-Origin Energy shares surge after regulator clears Brookfield's $9.8 bln bid - 10th Oct 2023, 9:29am

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Shares jump 5.3% to rise above offer price

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Deal still requires shareholder approval

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Transaction likely to speed up country's energy transition-ACCC

(Recasts, adds reports of Perpetual's opposition to price, consortium comment, Australia M&A volumes)

By Scott Murdoch

SYDNEY, Oct 10 (Reuters) - Origin Energy shares soared 5.3% on Tuesday to top a Brookfield Corp-led consortium's A$15.35 billion ($9.76 billion) offer price after Australia's competition regulator cleared the deal, whic...

>>> Read more: UPDATE 3-Origin Energy shares surge after regulator clears Brookfield's $9.8 bln bid
 
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