BG 'frustrated' in pursuit of Australian firm

BG Group expressed its surprise today after one of Australia’s biggest energy firms broke off discussions over a £6.6bn (€8.4bn) takeover.

Fri, 30 May, 2008 - 09:02

BG Group expressed its surprise today after one of Australia’s biggest energy firms broke off discussions over a £6.6bn (€8.4bn) takeover.

The UK oil and gas explorer said up until yesterday it had been “actively engaged” with Origin Energy in putting the final touches to its offer agreement, based on a recently improved takeover price.

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CourtsBusinessHeathrowPlace: AustraliaPlace: UKPlace: SydneyPlace: Surat BasinPlace: BowenPlace: southern QueenslandPlace: New ZealandPlace: PacificPlace: BoralPlace: USPlace: MalaysiaPlace: QueenslandPlace: AsiaPerson: Kevin McCannOrganisation: BGOrganisation: BG GroupOrganisation: Origin EnergyOrganisation: OriginOrganisation: SantosOrganisation: Petronas
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