May 24 (Reuters) - Australian energy retailer Origin Energy Ltd (ORG) said on Thursday it has agreed to sell its metering business, Acumen, for A$267 mln ($202.07 mln) to intelliHUB, a company to be jointly owned by Pacific Equity Partners and Landis+Gyr.
The company said it had committed to a long-term agreement with Acumen for the management of digital meters of Origin's electricity customers.
The sale is expected to complete by June 30, Origin said in a statement. ($1 = 1.3214 Australian dollars)
News: ORG Australia's Origin Energy to sell metering business for $203 mln
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$12.47 |
Change
0.070(0.56%) |
Mkt cap ! $21.39B | |||
| Open | High | Low | Value | Volume |
| $12.45 | $12.49 | $12.35 | $19.50M | 1.571M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 5738 | $12.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.48 | 5391 | 18 |
View Market Depth
| Last trade - 15.58pm 15/09/2025 (20 minute delay) ? |
| ORG (ASX) Chart |