Origin Energy suitors put another $1.2 billion on the table
Brookfield/EIG have raised their offer for Australia’s biggest energy retailer, from $8.91 a share to $9.53 a share, in a bid to get the blockbuster takeover across the line.
Brookfield/EIG have raised their offer for Australia’s biggest energy retailer, from $8.91 a share to $9.53 a share, in a bid to get the blockbuster takeover across the line.
Toyota, the world’s biggest carmaker, launched a startup to help it become a leader in software and other cutting-edge tech. But getting a startup mentality to mesh with a decades-old automaker proved challenging. WSJ reporter River Davis joins host Zoe Thomas to explain what went wrong and how Toyota is trying to correct course. Photo: Edgar Su/REUTERS
Kmart has been fined more than $1.3m by the communications watchdog after an investigation found the discount retailer sent hundreds of thousands of spam emails to customers and ignored repeated warnings from the regulator.
The $18.7bn bid for Australia’s largest energy retailer, Origin Energy, has become a finely balanced, high stakes game which could have very different outcomes for the company’s shareholders.
The huge site in Perth’s north-eastern growth corridor has sold for a fraction under $500 million in what experts say could be the start of a surge in retail sales.