ORG origin energy limited

(Adds detail, pars 2-3) SYDNEY, Nov 13 (Reuters) - Australian...

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    (Adds detail, pars 2-3)

    SYDNEY, Nov 13 (Reuters) - Australian pension fund AustralianSuper said on Monday it had rejected "an eleventh hour and unsolicited" offer received from a Brookfield-led consortium to take part in the takeover of Origin Energy, and said it will be voting against the deal.

    Brookfield and EIG Partners earlier this month offered a "best and final" A$9.53 per share for Origin after raising a previous bid.

    Australia's largest pension fund AustralianSuper opposes the offer and has already said it intends to use its stake last reported at 15% to vote against the deal at a Nov. 23 shareholder meeting.

 
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Last
$11.94
Change
0.060(0.51%)
Mkt cap ! $20.56B
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Price($) Vol. No.
$11.95 3729 1
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