Vote over Origin Energy $20bn takeover bid delayed until next month as revised offer on table
by Peter Hannam from World news | The Guardian on (#6GKDV)
Energy company says vote will be on 4 December so shareholders can consider offer from Brookfield and EIG
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The battle for the future of Origin Energy, one of Australia's biggest energy companies, will be extended until early next month after takeover bidders lodged a revised offer on the eve of Thursday's vote.
Canadian investor group Brookfield and its US-based partner EIG had offered shareholders the equivalent of $9.43 a share, valuing Origin at about $20bn.
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