(Adds detail, pars 2-3)
SYDNEY, Nov 13 (Reuters) - Australian pension fund AustralianSuper said on Monday it had rejected "an eleventh hour and unsolicited" offer received from a Brookfield-led consortium to take part in the takeover of Origin Energy, and said it will be voting against the deal.
Brookfield and EIG Partners earlier this month offered a "best and final" A$9.53 per share for Origin after raising a previous bid.
Australia's largest pension fund AustralianSuper opposes the offer and has already said it intends to use its stake last reported at 15% to vote against the deal at a Nov. 23 shareholder meeting.
News: ORG UPDATE 1-AustralianSuper rejects Brookfield offer to take part in Origin takeover
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Last
$11.79 |
Change
-0.235(1.96%) |
Mkt cap ! $20.28B | |||
| Open | High | Low | Value | Volume |
| $11.95 | $11.95 | $11.71 | $6.728M | 570.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 2726 | $11.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.79 | 2027 | 27 |
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| ORG (ASX) Chart |