Jan 28 (Reuters) - Asciano Ltd (AIO) : Offer consideration...

Jan 28 (Reuters) - Asciano Ltd (AIO) :

• Offer consideration comprises A$6.97 cash and 1 Qube share per Asciano share
• Qube consortium intends to allow the board of Asciano to declare fully-franked permitted dividends of up to A$0.90 per share
• Cash component of the consideration would be reduced by the amount of any such permitted dividends
• Says the Asciano board is considering this proposal and will provide a further update on its consideration of this matter in due course.
• Asciano board continues to unanimously recommend Brookfield proposal announced on 9 November 2015 in absence of a superior proposal
• Receives proposal to acquire 100% of the issued capital of Asciano
• Proposal from Qube Holdings Ltd global infrastructure partners, Canada pension plan investment board and cic capital corp