Sky News Business Reporter Ed Boyd says Origin Energy returned a “profit” after posting losses last year as it is being looked over for a possible takeover by two separate North American investment funds.
“Origin returned a profit after posting a loss the same time last year thanks to higher prices of oil and gas, Origin said that potential
Brookfield takeover was continuing on a non-exclusive basis, it’s expecting a stronger full-year result thanks to rising energy prices,” Mr Boyd said.
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