Mergers & Acquisitions Mergers & Acquisitions

Brookfield, MidOcean Energy's $12.5 billion bid for Australia's Origin Energy pushes renewable-power benefits

The Brookfield Asset Management and MidOcean Energy-led consortium planning to buy up Australia’s Origin Energy in an A$18.7 billion ($12.5 billion) deal have focused their formal merger authorization application on the renewable-energy benefits of the proposed acquisition.
In application documents published by the Australian Competition & Consumer Commission, or ACCC,

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Laurel Henning

Senior Correspondent

Laurel is a senior correspondent specializing in competition law, data privacy and security, in Australia and New Zealand. Laurel reports from Sydney on criminal-cartel legislation and white-collar crime, as well as competition and consumer lawsuits involving companies including Google, Meta Platforms and Apple. While at MLex Laurel has also reported boardroom disputes and shareholder campaigns agitating for changes to company strategy. Laurel joined MLex in 2013 and reported for five years on European energy and climate policies from Brussels. In that time, Laurel covered the regulation of emissions and technological developments pertaining to the energy sector within the EU, as well as the Paris agreement in 2015. A graduate of the University of Liverpool, Laurel studied English and French before beginning a career in journalism with MLex.

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