Original article by Andrew White, Gretchen Friemann
The Australian – Page: 19 &20 : 16-Mar-16

Ports and rail group Asciano has recommended that shareholders accept a takeover bid led by Qube Holdings and Brookfield Infrastructure Partners. The $A9.05bn deal will result in Asciano being broken up, with Qube and Brookfield set to pay $A2.92bn for the Patrick container terminals business. A consortium of international investment funds will buy the bulk of Asciano’s assets, including the Pacific National rail freight business. Qube chairman Chris Corrigan was CEO of Patrick Corporation when it was acquired by Toll Holdings in 2006.

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