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Member Run Boards >> Finance and Economics >> Origin Energy buyout
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Message started by Captain Nemo on Nov 10th, 2022 at 12:59pm

Title: Origin Energy buyout
Post by Captain Nemo on Nov 10th, 2022 at 12:59pm
It is a shame that a Canadian consortium seems to be the only ones with the nous to see a bright future in renewable and gas backup energy ...


Offering to buy out Origin Energy at a 50% premium to the current share price for $18.4 Billion and intending to invest a further $20 Billion in expanding the business.  :o

Pending the deal gaining: shareholder / company / regulator approval it should happen in Jan 2023


On the other hand as a current shareholder...


Title: Re: Origin Energy buyout
Post by Frank on Nov 10th, 2022 at 3:51pm

Captain Nemo wrote on Nov 10th, 2022 at 12:59pm:
It is a shame that a Canadian consortium seems to be the only ones with the nous to see a bright future in renewable and gas backup energy ...


Offering to buy out Origin Energy at a 50% premium to the current share price for $18.4 Billion and intending to invest a further $20 Billion in expanding the business.  :o

Pending the deal gaining: shareholder / company / regulator approval it should happen in Jan 2023


On the other hand as a current shareholder...




You mean in gas....


Title: Re: Origin Energy buyout
Post by Captain Nemo on Nov 10th, 2022 at 10:43pm

Frank wrote on Nov 10th, 2022 at 3:51pm:

Captain Nemo wrote on Nov 10th, 2022 at 12:59pm:
It is a shame that a Canadian consortium seems to be the only ones with the nous to see a bright future in renewable and gas backup energy ...


Offering to buy out Origin Energy at a 50% premium to the current share price for $18.4 Billion and intending to invest a further $20 Billion in expanding the business.  :o

Pending the deal gaining: shareholder / company / regulator approval it should happen in Jan 2023


On the other hand as a current shareholder...




You mean in gas....




;)

Title: Re: Origin Energy buyout
Post by Frank on Nov 11th, 2022 at 9:14am

Captain Nemo wrote on Nov 10th, 2022 at 10:43pm:

Frank wrote on Nov 10th, 2022 at 3:51pm:

Captain Nemo wrote on Nov 10th, 2022 at 12:59pm:
It is a shame that a Canadian consortium seems to be the only ones with the nous to see a bright future in renewable and gas backup energy ...


Offering to buy out Origin Energy at a 50% premium to the current share price for $18.4 Billion and intending to invest a further $20 Billion in expanding the business.  :o

Pending the deal gaining: shareholder / company / regulator approval it should happen in Jan 2023


On the other hand as a current shareholder...




You mean in gas....




;)

Indeed.

Australian politicians, State and Federal, blaming Putin for rising domestic energy insecurity and prices  is an outrageous lie and cop out, well illustrated by Leak.




Title: Re: Origin Energy buyout
Post by Xavier on Nov 29th, 2022 at 10:45pm
Oh gee. Here we go again with the ALP.
Selling out everything Australian.
Probably gonna give big handouts to foreign businesses that fold too, like before.

Stupid Lefties. ::)

Title: Re: Origin Energy buyout
Post by AusGeoff on Nov 29th, 2022 at 11:20pm

Jasin wrote on Nov 29th, 2022 at 10:45pm:
Oh gee. Here we go again with the ALP.
Selling out everything Australian.
Probably gonna give big handouts to foreign businesses that fold too, like before.

Stupid Lefties.

LOL... it was the Liberals who did exactly that.

Kennett privatised our essential services such as public transport,
electricity, gas and water distribution, and even the state-owned
gambling group, the Totalisator Agency Board, raising billions of
dollars.  He also sold off numerous state school properties, and
planned to build three new private hospitals financed by overseas
investors.

So now, because of past Liberal policies, more than half of Victoria's
infrastructure is owned by overseas companies.

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