MARKETS

CKI pounces on DUET

HONG KONG-based Cheung Kong Infrastructure Holdings’ advance has been warmly accepted by the board of infrastructure concern DUET Group, which has entered into an agreement based around a $3.03 per share offer.

CKI pounces on DUET

The agreement, with a consortium of CKI companies, including Power Assets Holdings, is for 100% of DUET's stapled securities for up to $3 cash and a $0.03 payment via a special distribution.   Implementation...

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