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Investors Expected to Reject Brookfield's $10.6 Billion Bid for Origin Energy
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Investors expected to vote against Brookfield's $10.6 billion bid for Australia's Origin Energy as Australian Super, the largest shareholder, will vote against the offer. The bid has been criticized for undervaluing the company's ability to profit from the shift to renewable energy.
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How might the rejection of the bid impact Origin Energy's future?
What are the potential consequences if the bid is rejected by Australian Super?
What factors are contributing to the subdued share price?
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