Origin’s Largest Shareholder Turns Down Chance to Join Takeover Consortium

Nov. 13, 2023 12:33 am ET

SYDNEY—Origin Energy’s largest shareholder said it rejected an offer to join the Brookfield Asset Management-led consortium trying to buy the Australian power retailer and generator.

AustralianSuper on Monday said that the consortium had offered it the chance to discuss taking an interest in Origin on successful completion of a proposed takeover worth around US$10.50 billion.

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