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SYDNEY, Dec 5 (Reuters) - Hong Kong-listed Cheung Kong Infrastructure Holdings Ltd has made an A$7.3 billion ($5.44 billion) bid for Australian energy infrastructure owner Duet Group, Duet said on Monday.
Duet said it had received an "an unsolicited, indicative, incomplete, non-binding and conditional proposal," offering A$3 per share in cash.
The offer represents a 27.7 percent premium to Duet's Friday closing price of A$2.35.
$1 = 1.3428 Australian dollars Reporting by Tom Westbrook and Cecile Lefort, editing by Larry King