Reuters: Origin eyes $8 billion joint venture with Conoco to fend off BG

[chris]

Origin eyes $8 billion joint venture with Conoco to fend off BG
      

PERTH/LONDON (Reuters) - Origin Energy Ltd , fending off an $11 billion hostile bid from Britain's BG Group Plc , is to spin off its coalbed methane assets into a joint venture with U.S. oil major ConocoPhillips .
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