Market Currents

• Tuesday, September 9, 2008

• 04:06 AM BG Group (BRGYY.PK) abandons its hostile takeover bid for Origin Energy (OGFGF.PK) after Origin's announcement of an $8B joint venture with ConocoPhillips (COP). Comment!

• Monday, September 8, 2008

• 05:55 AM Australia's Origin Energy (OGFGF.PK) points to an $8B joint venture with ConocoPhillips (COP) as evidence that "more than justifies" its rejection of BG Group's (BRGYY.PK) hostile takeover effort. Origin shares closed +12.8% in Australia. Comment!