Ann: Trading Halt, page-4

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    From AFR 18 Aug 15:
    Investors and analysts will awake to news on Tuesday morning that Asciano's board has recommended an improved cash and scrip bid from Brookfield Infrastructure Partners, worth $9.15 for each Asciano share or about a 40 per cent premium to its pre-offer trading price.
    The structure is expected to be split roughly 75:25 between cash and scrip, with some flexibility for shareholders to slightly increase or decrease the scrip component of the deal depending on their situation.

    New York and Toronto-listed Brookfield Infrastructure Partners will apply for an ASX-listing as part of the offer.
    Asciano investors are expected to welcome the offer, which includes a slight bump from the previously disclosed $9.05 scrip and cash offer which was foreshadowed by Street Talk last month, and a special dividend. It's understood Asciano shareholders wanted to see their board cap the deal's scrip component.
 
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