EIG CEO says consortium no longer willing to negotiate with Origin’s top investor

EIG CEO says consortium no longer willing to negotiate with Origin's top investor
Blair Thomas, CEO of EIG, poses in an undated handout photo

SYDNEY (Reuters) – EIG Partners CEO Blair Thomas said on Thursday the consortium behind the $10.6 billion bid for Origin Energy was “done” negotiating with top shareholder AustralianSuper in an attempt to gain its backing for the offer.

Thomas said he believed AustralianSuper, which holds 16.5% of Origin, was acting against the best interests of the company’s remaining shareholders.

EIG is part of the consortium led by Canada’s Brookfield.

(Reporting by Scott Murdoch in Sydney; Editing by Jamie Freed)

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