How a $20 billion energy deal fell over at the finish line
The Fin - Podcast tekijän mukaan Australian Financial Review - Keskiviikkoisin
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This week on The Fin podcast, Chanticleer columnist Anthony Macdonald and senior resources writer Angela Macdonald-Smith on the twists and turns of the Origin takeover saga, why the bid failed and where those billions of dollars might be headed next.This podcast is sponsored by First Sentier Investors Further reading: Origin shareholders demand demerger, higher dividends in deal fallout Origin Energy’s board is facing demands to consider a demerger, a beefed-up transition plan and higher dividend payouts after the collapse of a $20 billion takeover plan. The one question for every director in Origin's $20 billion belly flop Stability is the new buzzword at Origin Energy. Having tried to upend the joint for the past year, everyone now seems to want stability: the board, management, investors (institutional and retail), even Brookfield. Brookfield taking ‘suckers for a ride’ in Origin play: Keating Assets of Origin’s premium quality should not be sold to private equity investors and, worse, sold cheaply, only to be bought back five years later – with the sole aim of delivering unconscionable profits to equity fund investors. See omnystudio.com/listener for privacy information.