Feb 19 (Reuters) - Origin Energy Ltd (ORG) :
- ORIGIN TO SELL IRONBARK TO AUSTRALIA PACIFIC LNG
- DEAL FOR FOR $231 MILLION
- EXPECTS TO BOOK A NON-CASH POST-TAX IMPAIRMENT OF $34 MILLION IN 2019 HALF YEAR FINANCIAL STATEMENTS
- NET IMPACT TO STATUTORY PROFIT WILL BE OFFSET BY A $68 MILLION BENEFIT TO TAX EXPENSE
- SALE IS SUBJECT TO ACCC AND FOREIGN INVESTMENT APPROVALS
Source text: bit.ly/2GOsOso
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News: ORG Origin Energy Says Co To Sell Ironbark To Australia Pacific LNG For $231 Million
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