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Exxon Nets $3.1B Selling Its Stake In Hong Kong Power JV

By Igor Kossov (November 19, 2013, 3:59 PM EST) -- Exxon Mobil Corp. is unloading its 60 percent stake in a Hong Kong utility onto its partner in the JV, CLP Holdings, as well as state-owned China Southern Grid, for a total of 24 billion Hong Kong dollars, or US$3.1 billion, CLP said Tuesday....

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