By Jamie McGeever ORLANDO, Florida (Reuters) -The most extraordinary outcome of the March banking shock would be if the problem dissipated quickly. Many people hope the crisis of confidence infecting global banking this month can be repelled almost as quickly as it appeared. After all, regulators and policymakers are faster and more comprehensive in their…
By Scott Murdoch and Praveen Menon SYDNEY (Reuters) – Canada’s Brookfield and its partner EIG decided to go ahead with a $10.2 billion plan to buy Australia’s Origin Energy Ltd despite escalating regulatory and government policy headwinds, senior management at the group said on Tuesday. Origin, Australia’s top energy retailer, on Monday agreed to the…
By Praveen Menon and Scott Murdoch SYDNEY (Reuters) – Brookfield Asset Management will spend about $13.3 billion over the next decade to replace Origin Energy’s Australian power generation infrastructure with new-build renewables and storage facilities, a senior executive said on Tuesday. Origin Energy on Monday agreed to a A$15.35 billion ($10.21 billion) takeover offer from…
