Australia's Competition Regulator Approves Origin Takeover by Brookfield, EIG
The regulator has identified both positive and negative aspects of the deal, but is undecided on its overall impact.
A group led by Brookfield Asset Management has received approval from Australia's anti-trust regulator to acquire Origin Energy for approximately US$10 billion. Despite initial competition concerns, the consortium's commitment to significant investment in renewable energy generation outweighed these worries.