# CKI-led consortium receives Australian clearance for Duet Group acquisition

A consortium led by Cheung Kong Infrastructure (CKI) received clearance from the Australian Federal Treasurer for its acquisition of Duet Group for A$3 per share. The transaction is expected to complete by mid-May 2017.

- Type: Acquisition
- Announced: 2017-04-24
- Where: Australia
- Status: announced
- Products: energy utility assets
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Cheung Kong Infrastructure](https://endata.com/companies/23763.md) (acquirer)
- [Duet Group](https://endata.com/companies/23764.md) (target)

## Sources

- [nsenergybusiness.com](https://www.nsenergybusiness.com/news/newsaustralia-clears-cki-led-consortiums-acquisition-of-duet-group-5794045/), 2017-04-24: "We are pleased that a key condition in relation to the implementation of the proposed acquisition of DUET Group has now been satisfied."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.