Oil and gas company Husky Energy is planning to sell share worth about $1.23 billion. RBC Capital Markets, Goldman Sachs Canada, HSBC Securities [Canada] and JP Morgan Securities Canada are the underwriters of the share sale.
The underwriters will acquire 37 million of the shares worth about $1.02 billion, which can be resold to the public later. Shareholders LF Investments [Barbados] and Hutchison Whampoa Luxembourg Holdings will acquire Husky’s shares worth about $205.6 million.
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