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)
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May 24 (Reuters) - Australian energy retailer Origin Energy Ltd...
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$12.41 |
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Open | High | Low | Value | Volume |
$12.45 | $12.45 | $12.35 | $7.512M | 605.6K |
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21 | 7454 | $12.40 |
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View Market Depth
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25 | 10751 | 12.390 |
14 | 9492 | 12.380 |
18 | 18004 | 12.370 |
14 | 15914 | 12.360 |
Price($) | Vol. | No. |
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12.410 | 11626 | 30 |
12.420 | 13627 | 17 |
12.430 | 23529 | 25 |
12.440 | 9505 | 15 |
12.450 | 18907 | 14 |
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