HK: Li Ka-Shing firms cleared to pursue $5.6b bid for Australian power provider Duet

HK: Li Ka-Shing firms cleared to pursue $5.6b bid for Australian power provider Duet

Li Ka-Shing. Photo: Bloomberg

Billionaire Li Ka-shing won the approval of his shareholders to pursue the purchase of Australian power provider Duet Group, paving the way for the Hong Kong tycoon to diversify away from his reliance on Europe.

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