SYDNEY, Dec 4 (Reuters) - Brookfield has no intention of returning with a takeover offer for Australia's Origin Energy (ORG) after its $10.6 billion bid was rejected by investors on Monday, according to a source familiar with the matter.
Brookfield thinks the Australian government's new clean energy policy would be negative for Origin's future earnings, the source said.
Brookfield did not immediately respond to a request for comment.
News: ORG Brookfield won't make renewed offer for Origin Energy after $10.6 bln bid rejected -source
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Last
$10.24 |
Change
0.030(0.29%) |
Mkt cap ! $17.64B | |||
| Open | High | Low | Value | Volume |
| $10.28 | $10.29 | $10.16 | $56.15M | 5.487M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 840 | $10.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.24 | 24765 | 4 |
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| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
$10.22 |
Change
0.030 ( 0.03 %) |
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| Open | High | Low | Volume | ||
| $10.25 | $10.28 | $10.17 | 666311 | ||
| Last updated 15.59pm 05/06/2024 ? | |||||
| ORG (ASX) Chart |