Original article by Jenny Wiggins
The Australian Financial Review – Page: 15 & 20 : 9-Feb-16

A consortium headed by Qube Holdings has gained the support of Asciano’s board after sweetening its takeover offer. The consortium’s revised offer of $A7.04 in cash and one Qube share values the bid at $A9.05bn. Asciano’s board had previously recommended the rival bid of Brookfield Infrastructure Partners, but it will be able to change its recommendation if Brookfield fails to match or exceed the Qube bid within five days. Brookfield’s bid is scheduled to lapse on 18 February.

CORPORATES
ASCIANO LIMITED – ASX AIO, QUBE HOLDINGS LIMITED – ASX QUB, BROOKFIELD INFRASTRUCTURE PARTNERS LP, GLOBAL INFRASTRUCTURE PARTNERS, CANADA PENSION PLAN INVESTMENT BOARD, CHINA INVESTMENT CORPORATION, BRITISH COLUMBIA INVESTMENT MANAGEMENT CORPORATION, GOVERNMENT OF SINGAPORE INVESTMENT CORPORATION PTE LTD, QATAR INVESTMENT AUTHORITY, AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, PATRICK CORPORATION LIMITED, PACIFIC NATIONAL PTY LTD