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Thursday, February 24, 2011

Brazil's HRT says buys Canada's UNX Energy

Brazilian oil company HRT Participacoes (HRTP3.SA) said on Thursday that it is acquiring Canada's UNX Energy for 1.3 billion reais ($781 million), according to a filing with the securities regulator CVM. HRT said it would pay for the deal with depository receipts of the company abroad. (Reporting by Guillerme Parra-Bernal; Writing by Raymond Colitt Editing by Gary Hill)