Market movers: Stocks seeing action on Monday - and why

), nearing the conclusion of one of the biggest private equity-backed buyouts in the country announced last year.Once the deal is finalized, Origin will be broken up into two businesses – Energy Markets business to be acquired by Brookfield; while MidOcean Energy, the other consortium partner, would take control of Origin’s integrated gas business.

MidOcean Energy, which will gain control of Origin’s 27.5-per-cent stake in Australia Pacific LNG , has reached an agreement with ConocoPhillips to sell it a 2.49-per-cent stake in the project, Origin said in a statement.

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Strength in megacap stocks masks broader U.S. market woesMegagaps are attracting bets because of strong balance sheets, robust profit margins and business models expected to hold up better if recession hits
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