SYDNEY, Feb 16 (Reuters) - Australian ports and rail giant Asciano Ltd (AIO) formally dumped an A$8.9 billion ($6.4 billion) buyout from Canada's Brookfield Asset Management Inc
after it failed to match a higher offer from local rival Qube Holdings Ltd (QUB). In a statement on Tuesday, Asciano said that after giving the Canadian infrastructure investor five days to match a A$9 billion rival approach from locally listed Qube, Brookfield did not front up with a better offer.
"The Brookfield bid will now be terminated," the statement said, adding that Asciano has now signed binding sale documents with Qube.
($1 = 1.4013 Australian dollars)
SYDNEY, Feb 16 (Reuters) - Australian ports and rail giant...
-
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$4.11 |
Change
0.000(0.00%) |
Mkt cap ! $7.279B | |||
| Open | High | Low | Value | Volume |
| $4.11 | $4.13 | $4.08 | $16.70M | 4.065M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 6851 | $4.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.12 | 15025 | 3 |
View Market Depth
| Last trade - 16.10pm 11/09/2025 (20 minute delay) ? |
| QUB (ASX) Chart |