Origin Energy rejects BG £7bn bid
Origin Energy is calling on shareholders to reject a £6.7 billion bid for the firm from BG Group.
Business|Aug 19, 2008
Business
Origin Energy is calling on shareholders to reject a £6.7 billion bid for the firm from BG Group.
Energy firm BG Group has posted a 92 per cent increase in second quarter operating profit to £1.4 billion on soaring oil prices.
Australian energy group has told shareholders to reject a £6.7 billion bid from the UK's BG Group.
BG Group has unveiled a hostile bid for Australia's Origin Energy, in what could be one of the country's largest takeovers.