(Bloomberg) Origin Energy Ltd.’s top investor AustralianSuper has raised its stake in the energy company after rejecting an improved A$19.4 billion ($12.5 billion) takeover offer from a Brookfield Asset Management Inc.-led consortium.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashIntuit Is Closing Personal-Finance App Mint, Shifts Users to Credit KarmaIsrael Latest: Blinken Set for Talks With Netanyahu
Brookfield Asset Management led an $11.8B offer to acquire Origin Energy, its latest bid to add exposure to Australia's accelerating shift away from fossil.