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Another twist in Asciano tale

FIRST a consortium led by Brookfield Infrastructure Partners was the favoured suitor. Then a consortium led by Qube Consortium seemed to have Asciano’s hand. Now, the Brookfield and Qube consortiums have come together to woo Asciano anew.

Noel Dyson

The joined consortiums have stumped up a $9.28 a share all cash offer – less the value of any interim or special dividend paid by Asciano. The most recent Qube proposal, which was a mix of $7.04 cash...

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