Who cares if Origin’s deal collapses

Wednesday, 25 January 2023

The good news global gas and coal prices are crashing with more ahead, especially for the latter:

At home, the hideous AFR is up to its old energy tricks again:

A twice-extended exclusive period granted to bidding partners Brookfield and EIG to access Origin Energy’s books and firm up their $18.4 billion offer has lapsed, leaving investors in the large electricity and gas supplier in the dark on the fate of the mega-takeover deal.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.