Oct 31 (Reuters) - Superannuation fund AustralianSuper said on Tuesday it intends to vote against the Brookfield-led consortium's A$15.35 billion ($9.78 billion) takeover offer for Origin Energy Ltd (ORG) , stating the offer undervalues the energy producer.
AustralianSuper owns a 13.68% stake in Origin Energy, according to LSEG data.
($1 = 1.5694 Australian dollars) (([email protected]; Twitter: https://twitter.com/sameer_manekar))
News: ORG AustralianSuper to vote against Brookfield's $9.8 bln offer for Origin Energy
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Last
$11.84 |
Change
-0.180(1.50%) |
Mkt cap ! $20.39B | |||
| Open | High | Low | Value | Volume |
| $11.95 | $11.95 | $11.71 | $29.28M | 2.478M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 3534 | $11.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.85 | 13624 | 2 |
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| ORG (ASX) Chart |