Asciano takeover gets ACCC green light

THE Australian Competition and Consumer Commission is not going to oppose the proposed acquisition of Asciano by a consortium comprising Qube Holdings, Brookfield Infrastructure Partners and a group of global investment funds.

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Asciano is a key player in the east coast coal space.

While Asciano is a key player in the resources space, particularly on the east coast where it has the Pacific National coal-hauling rail business, the ACCC’s investigation focused on the import-export

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