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- BG Group’s Bid for Origin Energy Goes Hostile
- Money Morning submits: By Mike Caggeso British gas utility titan BG Group PLC (BRGYY.PK) went hostile in its takeover bid for Australia’s Origin Energy Ltd. (OGFGF.PK), Australia’s largest coal-seam-gas producer, taking its offer of A$15.50 per share, which values the company at $13.1 billion (A$13.8 billion dollars), directly...
- External links 2008-06-25
- Origin 'unlikely' to Accept $14b BG Bid
- Origin Energy Ltd is unlikely to accept a $13.8 billion hostile takeover bid by British gas giant BG Group plc, analysts say.After failing to interest the target's board with two informal bids in April and May, BG has formally offered $15.50 a share for the energy producer and retailer...
- News items 2008-06-24
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