How a $20 billion deal fell over at the finish line
On Monday, at the Origin Energy shareholder meeting in Sydney’s Shangri-La Hotel, the fate of a $20 billion deal was decided.
After more than a year of corporate maneuvering, the takeover offer from Canadian investment giant Brookfield and its partner EIG was rejected. And it was left to Chairman Scott Perkins and the board, who had backed the deal, to announce the result.
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