Origin’s APLNG business and Tokyo Gas’ Australian LNG interests are just the start for De la Rey Venter, who is undeterred by talk of government price caps.
The $9 a share cash offer comes after two previous lower bids by the partners, who want to split Origin in two. Origin shares jumped as much as 40.2 per cent.
MidOcean Energy, an LNG company formed and managed by EIG, has entered into a definitive agreement with Tokyo Gas Co., Ltd to acquire Tokyo Gas’ interests in a portfolio of four Australian integrated LNG projects.