Origin Energy (ORG AU): ACCC Approves, Shareholders Justifiably Want a Bump
Several shareholders have justifiably argued that the offer is light. Our SoTP valuation is A$9.46 per share, 7.1% above the implied offer price of...
512 Views
Origin Energy: ACCC's Concerns And Brookfield's Quid Pro Quo
The integrated energy play is trading at a healthy 5.1% gross spread to terms, with an off-ramp perhaps mid-1Q24. I would be a buyer around here.
613 Views
Weekly Deals Digest (13 Aug) - Toshiba, Kyoden, Eoflow, Chindata, Estia, InvoCare, OreCorp, Origin
Last week, notable developments occurred in Event-Driven (Toshiba, Kyoden, Eoflow, Chindata, Estia, InvoCare, Musgrave, OreCorp, Origin) and ECM...
367 Views
Weekly Deals Digest (23 Jul) - Rakuten Securities, Tryt, EbixCash, Lalatech, 111, Newcrest, Origin
Last week, notable developments occurred in Event-Driven (111, Healius, InvoCare, Newcrest, Origin Energy) and ECM (Rakuten Securities, Tryt,...
370 Views
Origin Energy (ORG AU): Brookfield/EIG Binding Offer; ACCC Approval the Key Risk
The revised terms are reasonable. The key risk is the timing of ACCC approval. At the last close, the gross spread to the offer is 9.1%.
353 Views