North American Energy Group $18.7 Billion Bid for Australia's Origin Energy

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North American Energy Group $18.7 Billion Bid for Australia's Origin Energy

Australia’s largest energy retailer Origin Energy is one step closer to getting its multi-billion dollar acquisition deal through. On March 27, Origin announced it had entered into a scheme implementation deed with a consortium led by Canada’s Brookfield and its U.S. partner EIG to buy all of the company’s listed capital. This is a breakthrough in the transaction after the consortium became stuck in the due diligence process, stoking fears among…