Brookfield makes $6.8 bln play for Australian freight major Asciano: Reuters
Brookfield Asset Management has approached Australia's Asciano Ltd with a US$6.8 billion takeover bid, but uncertainty about whether the deal would go through capped gains in the stock price of the rail freight firm, Reuters reported. If successful, the deal would be the seventh-largest inbound takeover of an Australian company. Brookfield's offer was made through Brookfield Infrastructure Partners.
2 July 2015•2 mins read
