Monday, 14 November 2022 05:31
Australian LNG shareholder Origin Energy sees shares soar after buy-out bid led by Canada's Brookfield
Origin Energy, the Australian upstream supplier to the Australia-Pacific LNG export plant in Queensland, saw its shares up 35 percent higher on November 14 as investors considered Origin’s backing for an A$18.4 billion (US$12.3 billion) buyout offer from a two-firm consortium led by Canada's Brookfield Asset Management.
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