One of Brookfield's most senior executives tells Capital Brief there are "certainly other opportunities in Australia" for a landmark deal beyond Origin Energy.
Origin Energy
ASX:ORG
If you thought Origin, EIG and Brookfield have been dancing for a while, they're a long way off some of the longest takeover tangos over the last 10 years.
The Canadian investment giant might be tempted to disappear off the local energy scene altogether after seemingly failing in its second big attempt to pull off a landmark climate deal in Australia, this time with Origin.
Brookfield is pulling out all stops in its quest to acquire Origin Energy — a sweetened deal and a Plan B to make it easier to seal the deal without major shareholder AustralianSuper.
Origin Energy has dropped unsubtle hints that Brookfield's $18.7 billion takeover offer undervalues the company.
The ACCC has approved Brookfield's Origin takeover, saying its plans to decarbonise the company outweigh competition concerns in a landmark ruling.
The ACCC's expected decision on Brookfield's $18.7b takeover of Origin Energy next week will force some tough decisions on the Canadian bidder - whichever way it goes.
As the state government prepares to negotiate with Eraring's owner Origin Energy to keep the plant open, experts are urging it to consider alternatives.
New South Wales will negotiate with Origin Energy over a possible extension of the 43-year old Eraring Energy power plant after heeding warnings from the market operator.
Plus: Brookfield's legal hurdle in $18b Origin play; Aristocrat making billions from 'bizarre' mobile business; Albo set for China visit
Senior competition lawyers warn one of the key legal arguments being used to justify the deal is unlikely to succeed with the ACCC in its current form.
