Proxy advisor CGI Glass Lewis backs Brookfield bid for Origin Energy

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Proxy advisor CGI Glass Lewis backs Brookfield bid for Origin Energy
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Celebrating Wild Caraway: Taste of Nova Scotia's Restaurant of the Year | SaltWireSYDNEY - Proxy advisor CGI Glass Lewis on Thursday recommended Origin Energy shareholders vote in favour of a $10.5 billion bid from a consortium led by Canada's Brookfield, despite opposition from the target's largest shareholder.

Depending on the turnout, the opposition risks sinking a deal that requires 75% of shareholder votes cast to pass. Origin will this weekend begin a print and online marketing push to win over shareholders, according to a source with knowledge of the matter.

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