Original article by Colin Packham
The Australian – Page: Online : 12-Oct-23

The Australian Competition and Consumer Commission having approved Brookfield and EIG’s $18.7 billion bid for Origin Energy, Brookfield and EIG must now persuade 75 per cent of Origin’s shareholders to endorse the deal. Two of its major shareholders have already stated that the bid is too low, while its current share price suggest investors expect an improved offer. When Brookfield and EIG made its offer earlier in the year, its bid valued Origin at $8.85 a share, but they closed on Wednesday at $9.21.

CORPORATES
AUSTRALIAN COMPETITION AND CONSUMER COMMISSION,[SPACE]BROOKFIELD ASSET MANAGEMENT INCORPORATED,[SPACE]EIG ACQUISITION CORPORATION,[SPACE]ORIGIN ENERGY LIMITED – ASX ORG

MERGERS AND ACQUISITIONS – AUSTRALIA]