ENTITY
SMARTSCORE: 2.8/5
Meridian Energy

Meridian Energy (MEL NZ)

179
Analysis
Utilities • New Zealand
Meridian Energy Ltd. operates as a state-owned electricity generator. The Company produces hydro-electric power and supplies electricity to residential, business, and rural customers. Meridian Energy provides services throughout New Zealand.
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bearish•Origin Energy
•23 Nov 2023 08:17

Origin Energy (ORG AU): Brookfield/EIG’s Latest Effort Falls Flat

The alternative transaction structure will struggle to gain support. We think a reasonable deal break price is A$7.40, an 11% downside to the last...

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bearish•Origin Energy
•19 Nov 2023 18:09

Origin Energy (ORG AU): State of Play

With AusSuper increasing its stake on Friday, the scheme vote remains too close to call. If the scheme fails, there are mainly three Plan Bs, which...

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857 Views
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bearish•Origin Energy
•02 Nov 2023 09:09

Origin Energy (ORG AU): AusSuper Wreaks Havoc on Brookfield/EIG’s Final Offer

The scheme will likely fail. The minority YES vote turnout of 53% is required for success. Brookfield/EIG could return with an off-market takeover...

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bullish•Origin Energy
•10 Oct 2023 09:28

Origin Energy (ORG AU): ACCC Approves, Shareholders Justifiably Want a Bump

Several shareholders have justifiably argued that the offer is light. Our SoTP valuation is A$9.46 per share, 7.1% above the implied offer price of...

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bullish•Origin Energy
•21 Feb 2023 22:44

Origin Energy (ORG AU): Recut Deal Is a Win-Win

The revised terms imply a modest deal cut and acceptable FX rate risk. Expect a binding offer soon. Regulatory risks will be the key overhang.

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