An independent expert’s valuation of Origin has given investors more leverage to argue for a higher price, despite the deal being deemed ‘fair and reasonable’.
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A valuation metric in the independent expert’s report into the $18.7 billion Origin takeover looks set to put more pressure on Brookfield to lift its offer.
An independent expert’s report into a Brookfield-led consortium’s A$15.35-billion ($9.67-billion) bid for Australia’s Origin Energy has deemed the offer fair…