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13 May 2008 22:10 GMT | more prices >>

BG and Origin keep talking



By Upstream staff 

UK-based BG Group said talks with Australian gas producer and energy retailer Origin Energy were continuing but had so far been inconclusive.

BG said it had held discussions with top officials of Origin following its A$13 billion (US$12 billion) bid for the company.

BG told the Australian Securities Investment Commission the deal was “subject to contract, confidential and to be implemented co-operatively and expeditiously by way of a scheme of arrangement”.

It said further details would be announced as appropriate.


09 May 2008 04:56 GMT  | last updated: 09 May 2008 18:38 GMT

In the pipeline?: talks over BG Groups's proposed acquisition of Australia's Origin Energy are continuing
 

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