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| Version 0 | Version 1 |
|---|---|
| Australia's Origin rejects BG bid | Australia's Origin rejects BG bid |
| (40 minutes later) | |
| Australian energy firm Origin has rejected a 13.6bn Australian dollar ($13bn; £6.6bn) takeover offer from the UK's BG Group. | Australian energy firm Origin has rejected a 13.6bn Australian dollar ($13bn; £6.6bn) takeover offer from the UK's BG Group. |
| Origin rejected BG's offer after it doubled its estimate of its reserves of coal seam gas. | |
| Shares in Origin hit a record high after news of the rejection on hopes of an improved offer or a rival bid. | Shares in Origin hit a record high after news of the rejection on hopes of an improved offer or a rival bid. |
| BG, which had already raised its offer from an initial approach of A$13bn, said it was "surprised" at the move. | BG, which had already raised its offer from an initial approach of A$13bn, said it was "surprised" at the move. |
| The UK firm said it was now considering its options. | The UK firm said it was now considering its options. |