SYDNEY: Australia's antitrust regulator has approved a Brookfield Corp-led consortium's A$15.35 billion (RM46.21 billion) bid for Origin Energy, clear...
Australia's antitrust regulator has approved a Brookfield Corp-led consortium's A$15.35 billion bid for Origin Energy, clearing the way for one of the year’s largest corporate buyouts in the country to proceed.
Origin will be broken up into two businesses, with its energy markets arm to be acquired by Brookfield. U.S. private equity firm EIG’s MidOcean Energy, the other consortium partner, will take control of Origin’s integrated gas business.
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