HONG KONG (AP) — Australian energy company Duet Group says it's considering a multibillion dollar takeover offer from the infrastructure arm of Hong Kong tycoon Li Ka-shing's business empire. The proposal comes after the Australian government in August blocked a A$10 billion joint offer from Cheung Kong and Chinese state-owned State Grid to lease a Sydney electricity grid, citing national security grounds.

Topics:  hong kong ap     australian   duet group   li ka-shing   august   cheung kong   chinese   state grid   sydney   hong kong   a   australian   energy   offer   

 

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