Origin and BG trade insults
A WAR of words broke out today after Australian energy firm Origin formalised its rejection of a £6.7 billion takeover move by UK exploration firm BG.
Origin accused BG of trying to buy it on the cheap and told its shareholders to reject the proposal from the UK-based oil and gas explorer.
But BG said Origin's response lacked "any substance" and had failed to provide evidence that BG's offer undervalued the firm.
Oil and gas producer BG is eyeing Sydney-based Origin as a route to expanding its presence in the region.
Email to a friend
Print this page- Rangers run into the ground as furious HMRC battles to claw back tax
- Broken Rangers: Club signals intention to go into administration
- Rangers: ‘Crisis will soon be over and Rangers FC will survive’
- Scottish independence: David Cameron offers a deal to reject independence
- Scottish independence: David Cameron set to snub Alex Salmond’s separation talks bid
- Scottish independence: David Cameron offers a deal to reject independence
- Devo-max merely a dodgy back-up plan to save SNP, says Jim Sillars
- Scottish independence: No breakthrough in talks between Alex Salmond and Michael Moore
- The Rumour Mill: Thursday’s football news and gossip
- Scottish independence: David Cameron set to snub Alex Salmond’s separation talks bid
Looking for...
Featured advertisers
Jobs
Search for a job
Motors
Search for a car
Property
Search for a house
Weather for Edinburgh
Saturday 18 February 2012
Today
Cloudy
Temperature: -2 C to 7 C
Wind Speed: 26 mph
Wind direction: West
Tomorrow
Sunny spells
Temperature: 2 C to 5 C
Wind Speed: 14 mph
Wind direction: West
