Original article by Jenny Wiggins
The Australian Financial Review – Page: 15 & 24 : 29-Jan-16

Shares in listed ports and rail group Asciano closed $A0.34 per cent higher at $A8.84 on 28 January 2016, after a consortium led by Qube Holdings trumped the takeover bid of Brookfield Infrastructure Partners. The offer comprises a cash component of $A6.97 per share and one Qube share, valuing the bid at $A8.85bn. Brookfield’s bid consists of $A6.94 in cash and 0.0387 of its units. Asciano will be broken up if the Qube bid succeeds, with Qube itself planning to acquire the Patrick stevedoring business.

CORPORATES
ASCIANO LIMITED – ASX AIO, QUBE HOLDINGS LIMITED – ASX QUB, BROOKFIELD INFRASTRUCTURE PARTNERS LP, PATRICK CORPORATION LIMITED, GLOBAL INFRASTRUCTURE PARTNERS, CANADA PENSION PLAN INVESTMENT BOARD, CHINA INVESTMENT CORPORATION, PACIFIC NATIONAL PTY LTD, BROOKFIELD ASSET MANAGEMENT INCORPORATED, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION