Australia's Asciano has received A$9bn takeover bid from Canada
Australia's largest ports and rail company Asciano has received a $9 billion takeover offer
From Canadian asset manager Brookfield Infrastructure
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The Australian Competition and Consumer Commission and the Foreign Investment Review Board will assess the deal, but there are not expected to be serious concerns
- Asciano says it received the offer from Canada's Brookfield Infrastructure Group on June 26
- Offer is indicative, non-binding and conditional
- Asciano further says discussions are at an early stage, there is no certainty that a deal will be done
... and ...
"The board also notes that this disclosure may result in Brookfield withdrawing its proposal," Asciano said in a statement on Wednesday
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