Husky Energy's controlling shareholder, billionaire Li Ka-shing, is shuffling around some corporate assets to help the integrated Canadian oil producer deal with the shock of low commodity prices. Two companies in Li's corporate empire - Cheung Kong Infrastructure Holdings and Power Assets Holdings - will pay C$1.7 billion (US$1.35 billion) to acquire a 65% stake in some of Husky's midstream assets in the Lloydminster region in Alberta and Saskatchewan.
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