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(Adds detail on deal valuation, analyst comment)
By Scott Murdoch
Feb 22 (Reuters) - A Brookfield-led consortium trimmed its offer for Origin Energy by 1% on Wednesday, valuing Australia's no.2 power producer and energy retailer at A$15.33 billion ($10.5 billion), after government moves to cap gas prices hit valuations in the sector.
Shares in Origin surged 13% to A$7.90 in early trade but remained well below the new tabled offer of A$8.90 per share as investors weighed the risks of a transac...
>>> Read more: UPDATE 4-Brookfield consortium trims offer for Australia's Origin Energy to $10.5 bln
By Scott Murdoch
Feb 22 (Reuters) - A Brookfield-led consortium trimmed its offer for Origin Energy by 1% on Wednesday, valuing Australia's no.2 power producer and energy retailer at A$15.33 billion ($10.5 billion), after government moves to cap gas prices hit valuations in the sector.
Shares in Origin surged 13% to A$7.90 in early trade but remained well below the new tabled offer of A$8.90 per share as investors weighed the risks of a transac...
>>> Read more: UPDATE 4-Brookfield consortium trims offer for Australia's Origin Energy to $10.5 bln
