In Brief: 07 June 2010 – DUE
June 7, 2010
Duet Group (DUE) said it has commenced a process for the sale of its investment in DQE Holdings LLC (Duquesne). The company said it expects to finalise the sale process during the current calendar year. Duet said completion of the proposed sale would provide it with a simplified asset portfolio structure with the available proceeds to finance growth opportunities and/or capital management initiatives.
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