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OGFGY / Brookfield Asset Management consortium clinches A$18.7 billion takeover of Origin Energy in move to shift away from fossil fuels
After months of delays, Brookfield Asset Management (TSX:BAM.A) Inc and its consortium of buyers have reached an A$18.7 billion (US$12.4 billion/C$17 billion) deal to buy Australian utility giant Origin Energy Ltd (ASX:ORG). The consortium, which also includes Washington DC private equity firm EIG Global Energy Partners, had upped its offer to acquire Origin in recent weeks.
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Brookfield
Asset
Management
Consortium
Clinches
18
A 18 7
Billion
Takeover
Origin
Energy
Fossil
Stock
OGFGY
Posted: Mar 27 2023, 14:54
Author Name: Proactive Investors
Views: 090128
OGFGY News
By Proactive Investors
March 27, 2023
Brookfield Asset Management consortium clinches A$18.7 billion takeover of Origin Energy in move to shift away from fossil fuels
After months of delays, Brookfield Asset Management (TSX:BAM.A) Inc and its consortium of buyers have reached an A$18.7 billion (US$12.4 billion/C$17 more_horizontal