Sunday, January 15, 2017

UPDATE 2-Australia's DUET Group recommends raised offer from Hong Kong's CKI

SYDNEY, Jan 16 (Reuters) - Australian energy firm DUET Group

on Monday said its board would recommend a takeover

offer from a consortium led by Hong Kong's Cheung Kong

Infrastructure Holdings (CKI) after the price was

increased slightly to value the company at A$7.37 billion ($5.51

billion).

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