Pension fund AustralianSuper said it intended to vote against Brookfield-consortium’s “best and final” takeover offer for Origin Energy Ltd that valued the power producer at A$16.40 billion ($10.53 billion).
The consortium’s sweetened offer of A$9.53 per share comes days after AustralianSuper, Origin’s biggest shareholder, rejected the prior offer of A$8.81 apiece.
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