From AFR 17/8/15: Asciano's shares have been placed in a trading...

From AFR 17/8/15:
Asciano's shares have been placed in a trading halt, indicating the ports and rail group is close to recommending a takeover bid worth at least $9 billion from suitor Brookfield Infrastructure Partners.
Asciano has requested a trading halt until Tuesday morning.
"A trading halt is necessary as Asciano expects to make an announcement to the Australian Securities Exchange shortly in relation to recent media speculation," the company said on Monday.
The ASX has agreed that a trading halt shall be in place until Asciano makes an announcement, or until the start of trading on Wednesday.
A deal between Asciano and Brookfield is expected to be signed in the next 12 to 16 hours, with Brookfield Infrastructure's shares also expected to be halted in New York and Toronto.
Brookfield Infrastructure approached Asciano's board in June with an indicative offer worth $9.05 in scrip and cash.
Asciano's shares closed on Friday at $8.11, well below the indicative bid, indicating investors remain uncertain about the structure of the deal.
Investors remain wary of holding too much Brookfield Infrastructure scrip, even if the group lists in Australia due to the group's complex structure and management fees, and will only accept a takeover bid if most of the offer is in cash.