Market Close 23 Nov 23: Origin’s takeover bid just got more complicated

It was another day of losses on Thursday, with the market closing down 0.62%. Almost all sectors were down today and utilities was again dragged by Origin, who are facing further complications with their takeover bid. Furniture company Nick Scali were down after the CEO sold $50m worth of shares in the company, totalling to roughly 5% of the company. 

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