HomeBUSINESSConsortium Concludes Negotiations with AustralianSuper Over $10.6 Billion Bid for Origin Energy

Consortium Concludes Negotiations with AustralianSuper Over $10.6 Billion Bid for Origin Energy

EIG Partners CEO Blair Thomas announced on Thursday that the consortium, including EIG Partners and led by Canada’s Brookfield, has concluded negotiations with top shareholder AustralianSuper regarding the $10.6 billion bid for Origin Energy. Thomas stated that the consortium is “done” negotiating with AustralianSuper, which holds a 16.5% stake in Origin.

Expressing his belief that AustralianSuper is not acting in the best interests of the company’s remaining shareholders, Thomas signaled the conclusion of discussions with the top shareholder. The consortium’s bid for Origin Energy has been a subject of significant attention, and the outcome of these negotiations will likely shape the future trajectory of the deal and the energy company.

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