NEWS ARCHIVE

BG may raise offer for Origin: analyst

BG GROUP is likely to raise its hostile $13.7 billion takeover bid for petroleum producer and power retailer Origin Energy, according to Credit Suisse analysts.

Steve Rotherham

Origin, Australia's leading coal seam methane producer, has rejected the $15.50 cash per share offer on the basis it undervalues the company, particularly its CSM assets. UK-based BG's move on Origin...

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