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Origin Energy receives takeover offer worth more than $18 billion

Origin Energy has received a takeover offer from a consortium led by Brookfield Asset Management worth $18.4 billion.

The consortium is comprised of Brookfield’s managed funds and MidOcean Energy, an LNG company managed by EIG.

Under the proposal, Brookfield would acquire Origin’s energy markets business, and MidOcean would acquire the integrated gas business.

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