(EnergyAsia, June 2, Monday) — Australia’s Origin Energy Limited said it has rejected an improved takeover offer of A$13.6 billion from UK’s BG Group plc. The latest offer values Origin at A$15.50 per share, up from A$14.70 previously. (US$1=A$1.04). Since receipt of the first proposal on April 29, Origin said it has commissioned advice…
AUSTRALIA: Origin Energy says no to BG’s A$13.6 billion takeover proposal
Posted on June 1, 2008 by EnergyAsia