Following the receipt of a revised offer from Brookfield-led consortium and EIG, Origin Energy decided to adjourn its shareholders' meeting to Dec 4.

The revised proposal introduces the possibility for institutional shareholders to reinvest in Brookfield's energy markets business post-scheme completion.

The alternative transaction involves a sale of energy markets to Brookfield for $12.3 billion, followed by a takeover by EIG.

Origin's board acknowledges the complexity of the revised proposal but is duty-bound to assess it.