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Cheung Kong completes $7.6 bln takeover of Aussie power giant
A major Australian electricity and gas distributor, DUET Group, has completed a handshake deal with Cheung Kong Infrastructure Holdings (CKI) on a 7.6 billion dollar (5.6 billion U.S. dollars) takeover on Monday.
January17,2017
Cheung Kong from China's Hong Kong bids for Aussie energy utility owner Duet
Australian-listed energy utility assets owner Duet Group confirmed on Monday an indicative, non-binding and conditional takeover offer from China's Hong Kong billionaire Li Ka-Shing's Cheung Kong Infrastructure (CKI), local media reported.
December05,2016
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