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Origin Energy plan to acquire stake in Kraken under Australian regulator's review

( March 26, 2026, 06:54 GMT | Official Statement) -- MLex Summary: Origin Energy’s proposed acquisition of a minority stake in Kraken Technologies is being reviewed by the Australian antitrust regulator. In a statement on Wednesday, the Australian Competition & Consumer Commission said Origin Energy International Holdings, a subsidiary of Origin Energy, plans to acquire shares in Kraken from CPP Investment Board Private Holdings as part of a broader transaction to spin off the Kraken technology business from UK-based Octopus Energy Group. The regulator said the deal would allow Origin to maintain its existing economic interest in Kraken while removing its exclusivity over the Kraken platform in Australia. The watchdog is seeking feedback on the deal until April 1.Statement follows. Questionnaire is attached....

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