Wednesday Apr 30
ABC 7 News - BG Group offers $12B for Origin Energy in power deal
“It's a very substantial premium when you look at current market conditions and the fact that they're probably trading on 15 times earnings, which is in line with market”
MELBOURNE, Australia British gas company BG Group PLC has bid $12.1 billion in cash for Australian electricity retailer and oil and gas producer Origin Energy Ltd.BG approached the Sydney-based company late ... via WJLA-TV Arlington
Posted by roboblogger
Full Story: WJLA-TV Arlington
Complete Coverage: 1 story
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