BG Group says talks with Origin so far inconclusive

Date : 05/09/2008 @ 3:59AM
Source : TFN
Stock : BG Group (BG.)
Quote : 1317.0  9.0 (0.69%) @ 11:35AM
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BG Group says talks with Origin so far inconclusive

        LONDON (Thomson Financial) - UK natural gas producer BG Plc. said it has
held ongoing discussions with senior representatives of Australia's Origin
Energy Ltd. since its original offer approach on April 30, but added the talks
have so far been "inconclusive."
    Last month BG Group made a takeover bid for Origin Energy of A$14.70
($13.71) a share, valuing Origin Energy at around A$12.9 billion.
tf.TFN-Europe_newsdesk@thomson.com
tc

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