Published on 2 Nov 2023 on Bloomberg via Yahoo Finance
(Bloomberg) -- Origin Energy Ltd.’s top investor AustralianSuper will reject an improved A$19.4 billion ($12.5 billion) takeover offer from a Brookfield Asset Management Inc.-led consortium, the latest blow to the fund’s efforts to add exposure to the energy transition.
Most Read from Bloomberg
Immigrants Are Leaving Canada at Faster Pace, Study ShowsIntuit Is Closing Personal-Finance App Mint, Shifts Users to Credit KarmaUS 30-Year Yields Fall 10 Basis Points on Fed Bets: Markets WrapPowell Hints Fed Is Done With Hikes in Pivot Cheered by MarketsIsrael Latest: Biden Urges ‘Pause’ So Hostages Can Leave Gaza