Origin Energy to delay shareholder meeting on $10.6 bln Brookfield-led bid – source

Miniatures of windmill, solar panel and electric pole are seen in front of Brookfield Renewable logo in this illustration taken January 17, 2023. REUTERS/Dado Ruvic/Illustration/ File Photo

Origin Energy (ORG.AX) will delay a shareholder meeting scheduled for Thursday to vote on a $10.6 billion Brookfield-led (BN.TO) consortium bid, according to a person familiar with the situation.

The person could not be named discussing confidential information.

The consortium and Origin Energy did not immediately respond to a request for comment.

Local media reported on Thursday the consortium has submitted a new takeover proposal for Origin Energy.

Reporting by Scott Murdoch in Sydney; Editing by Leslie Adler

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