Origin Energy has been bought in an $18.7 billion takeover deal by Brookfield Asset Management and MidOcean Energy.
Origin Energy has been bought in an $18.7 billion takeover deal by Brookfield Asset Management and MidOcean Energy.
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Brookfield to pour billions into energy transition via Origin takeoverThe $18.7 billion deal by the North American pair to buy Origin is “a great outcome” for shareholders, customers and employees, Origin CEO Frank Calabria said.
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Origin Energy buyer flies in to finalise $18.2b deal, Canberra pitchOrigin Energy’s suitors will fly into Australia sign their $18.2 billion takeover early this week and start greasing the wheels for necessary regulatory approvals, including in Canberra.
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Origin suitors sign binding deed, GIC and Temasek in stackIt’s been a long wait but Origin Energy’s suitors Brookfield Asset Management and EIG’s MidOcean Energy have signed on the dotted line and revealed their co-investors as GIC and Temasek.
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‘Clearly opportunistic’: The uni financial crisis that never happenedNew analysis shows that universities thrived during the pandemic despite widely publicised predictions that their losses could be as high as $18 billion over five years.
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ASX LIVE: ASX to rise; Downer appoints new CFOAustralian shares are poised to open higher. Brookfield vows to invest to accelerate Origin’s decarbonisation through takeover. DoubleLine’s Jeffrey Gundlach says ‘sell into strength’. February retail sales at 11.30am AEDT.
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‘Unmitigated disaster’: Ted O’Brien on energy prices under LaborShadow Climate Change and Energy Minister Ted O’Brien says he has “no confidence” in the Labor government “dictating the Australian economy”. “They’ve sought to do that since they have come in, certainly in the portfolio area I look after, it has been an unmitigated disaster,” Mr O’Brien “We have seen prices skyrocketing like never before.”
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