MARKETS

Origin takes larger stake in Octopus

ORIGIN Energy will invest a further £38 million (A$70 million) in energy retailer Octopus Energy to maintain its 20% stake in the UK company after Fund Generation Investment Management announced it would take a 7% stake for £211 million.

Origin CEO Frank Calabria

Origin CEO Frank Calabria

Former US presidential candidate and vice president Al Gore heads up the investment firm This values Octopus at £3 billion, a three time rise over its valuation in May last year when the Australian...

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