Origin Energy to delay shareholder meeting on $10.6 billion Brookfield-led bid

Origin Energy to delay shareholder meeting on $10.6 billion Brookfield-led bid - source

2023-11-23 07:17

SYDNEY Origin Energy will delay a shareholder meeting scheduled for Thursday to vote on a $10.6 billion Brookfield-led

SYDNEY Origin Energy will delay a shareholder meeting scheduled for Thursday to vote on a $10.6 billion Brookfield-led consortium bid, according to a person familiar with the situation.

The person could not be named discussing confidential information.

The consortium and Origin Energy did not immediately respond to a request for comment.

Local media reported on Thursday the consortium has submitted a new takeover proposal for Origin Energy.

(Reporting by Scott Murdoch in Sydney; Editing by Leslie Adler)