Australia's Origin Energy backs $11.8b buyout offer from Brookfield consortium

Australia's Origin Energy backs $11.8b buyout offer from Brookfield consortium

Photo: Origin Energy's website

Origin Energy Ltd, Australia’s no.2 power producer and energy retailer, backed an A$18.4 billion ($11.8 billion) non-binding buyout offer from a consortium led by Canada’s Brookfield Asset Management, the companies said on Thursday.

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