Job losses, Megaport, Pinnacle, Origin, GQG
Fund Manager Chris Pedersen discusses Megaport, Pinnacle Investment Management Group, Origin Energy and GQG Partners.
Read MoreFund Manager Chris Pedersen discusses Megaport, Pinnacle Investment Management Group, Origin Energy and GQG Partners.
Read MoreToday marks the judgment day for Origin Energy, as trading in the company's shares is set to resume later on Tuesday. This comes after the well-anticipated defeat of the $20 billion bid for the company by Canada's Brookfield and the US's EIF.
Read MoreThe $20 billion (enterprise value) bid for Australia's Origin Energy (ASX:ORG) has been defeated, leaving the company to chart its own path once again.
Read MoreIn the ongoing Origin Energy (ASX:ORG) takeover saga, the company's board has rejected the third offer from suitors Brookfield of Canada and US investor EIG. This rejection appears to have put an end to the prolonged takeover battle.
Read MoreBy next Sunday, it will be clear whether Canada's Brookfield and EIG of the US have a chance of gaining approval at Origin Energy's adjourned shareholders' meeting on Monday, December 4.
Read MoreThe revised bid structure from Brookfield and EIG for Origin Energy (ASX:ORG) appears to be in jeopardy, based on market sentiment and reactions from key stakeholders. Australian Super's rejection of the new proposed offer and the lukewarm response from the Origin board have cast doubts on its approval at the upcoming shareholders' meeting on December 4.
Read MoreThe Origin Energy (ASX:ORG) board decided to postpone Thursday's shareholder meeting, originally scheduled to vote on the $20 billion offer from Canada's Brookfield and EIG of the US.
Read MoreTrading in Origin Energy (ASX:ORG) shares has been halted after Canada's Brookfield and EIG Partners of the US, the company's suitors, introduced a new bid structure to address the imminent defeat of their second offer at an Origin shareholders' meeting in Sydney.
Read MoreOrigin Energy has also offered shareholders a special dividend on approval of the merger scheme, which is to be voted on in 10 days' time.
Read MoreAustralianSuper has moved closer to constructing a blocking stake against the proposed $20 billion takeover offer for Origin Energy (ASX:ORG) from Brookfield of Canada and the smaller EIF group of the US.
Read MoreThe $20 billion takeover of Origin Energy (ASX:ORG) now hangs in the balance after AustralianSuper, the company's biggest shareholder, rejected a higher takeover price on Thursday.
Read MoreA snapshot of the stocks on the move, featuring Origin Energy (ASX:ORG), Sunstone Metals (ASX:STM) and Chimeric Therapeutics (ASX:CHM).
Read MoreThe ACCC announced on Tuesday morning that it has granted conditional clearance to the $18.7 billion bid for Origin Energy (ASX:ORG) by Brookfield and MidOcean.
Read More13 Jul 2023 – Origin Energy (ASX:ORG) is set to receive $70 million in funding from the Federal Government for its proposed Hunter Valley Hydrogen Hub partnership with Orica (ASX:ORI).
Read MoreThe price caps and other government moves to rein in rising prices that so worried Origin Energy investors have instead ended up being beneficial in Australia and the UK.
Read MoreThe recent travails we’ve seen in global markets and the finance sector in particular haven’t scared off potential bidders for two local companies: Origin Energy and distiller United Malt.
Read MoreShares in Santos jumped sharply Wednesday as its annual profit more than tripled because of the surge in oil and LNG prices over 2022 that is fading as we head deeper into 2023.
Read MoreDoubts persist about the $18.4 billion bid for Origin after Tuesday saw bidders Brookfield and EIG Partners granted a third extension to their exclusive due diligence period.
Read MoreShares in Origin Energy jumped 40% at one stage yesterday after directors supported a buyout offer from a consortium led by Canada’s Brookfield Asset Management.
Read MoreIt is Origin Energy’s domestic gas supplies, rather than exported LNG, that has of late been delivering higher profits and shareholders could reap the benefit sometime soon.
Read MoreOrigin Energy yesterday revealed it had sold its gas development rights in the NT’s Beetaloo Basin, while hinting that it was looking at exiting nearly all upstream exploration permits.
Read MoreThe local reporting season rolls on and here’s the pick of today’s batch of updates from energy powerhouse Origin, ambitious miner Evolution and global vintner Treasury Wines.
Read MoreOrigin Energy has invested another $163 million to maintain its 20% stake in Octopus Energy, taking its total investment in the UK’s fastest growing energy provider above $700 million.
Read MoreOutperform retained, target falls to $6.87 from $7.08 on forex adjustments.
Read MoreThe Buy rating is retained and the target rises to $7.70 from $7.55.
Read MoreThe Hold rating is retained, while the target price falls by -8% to $6.17.
Read MoreWednesday’s ASX trading session has come and gone, with some major – and majorly bad – news for Origin Energy among the day’s tidings, along with expansion plans for South32.
Read MoreBuy and $7.00 target retained.
Read MoreTarget price rises to $6.30 from $6.20. Neutral rating retained.
Read MoreThe Outperform rating is retained and the target price increases to $6.81 from $6.70.
Read MoreOrigin Energy has decided to monetise the recent surge in global oil and gas prices into a $250 million on-market share buy-back starting next month.
Read MoreIn advance of weekend news of a potential takeover for Origin Energy, Morgans penned new research which led to a downgrade in rating to Hold from Add, on valuation considerations. Target price is $6.23.
Read MoreOrigin Energy’s news about the closure of its huge Eraring power station in the Hunter Valley overshadowed the mixed bag of a half year result for the energy group on Thursday.
Read MoreOrigin Energy has shocked with a decision on Thursday that could see it close its huge Eraring coal fired power station in the Hunter Valley of NSW seven years earlier in mid to late 2025.
Read MoreA big payoff for LNG player Origin Energy from 2021’s gas price surge thanks to shortages in Europe, China, Japan and South Korea, aided by cold winter weather in those regions.
Read MoreOutperform rating retained. Target price increases to $5.590 from $5.69.
Read MoreBuy rating retained. Target is raised to $6.00 from $5.85.
Read MoreOrigin Energy has raised more than $2 billion from the sale of part of its stake in a big Queensland LNG plant, taking advantage of high demand and prices for the compressed natural gas.
Read MoreThe Beetaloo Basin is shaping up to be Australia’s next big hydrocarbon province, prompting some in the industry to proclaim it as one of the hottest shale gas plays in the world.
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