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Li Ka-shing's Power Assets buyout offer rejected

Wednesday, November 25, 2015 - 05:50
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Mr Li is seeking to consolidate his business empire before he retires.

Beijing

POWER Assets Holdings Ltd shareholders rejected a US$12.4 billion buyout offer from billionaire Li Ka-shing, dealing a rare setback for Hong Kong's richest man as he seeks to consolidate his utilities and infrastructure businesses before handing over control of his empire to his

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