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GAIL selling $65-million stake in China Gas: report

India's state-run gas company GAIL  is selling about $65 million worth of stake in China Gas Holdings Ltd  through block trade, according to a term sheet seen by Reuters.

GAIL is selling 60 million shares in China Gas at a price range of HK$8.2 to HK$8.3 per share, the term sheet showed.

Copyright: Thomson Reuters 2013