ORG 0.58% $10.40 origin energy limited

News: ORG Origin's largest shareholder welcomes investors rejecting $10.6 bln buyout bid

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    Dec 4 (Reuters) - Origin Energy's (ORG) largest shareholder, AustralianSuper, on Monday welcomed the decision by investors of Australia's largest energy retailer to vote against the $10.6 billion buyout bid by a Brookfield-led consortium.

    The deal was expected to fall through after the pension fund, which owns about 17% in Origin, signalled its intentions of rejecting the bid.

 
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