MANAGEMENT

Qube's Asciano tilt becomes binding

Asciano still backing Brookfield offer.

Noel Dyson
Under the proposed deal Qube's consortium partners will get Asciano's rail assets.

Under the proposed deal Qube's consortium partners will get Asciano's rail assets.

The Qube Consortium had made a non-binding $9.25 a share proposal for Asciano on November 10. This latest offer is made up of $6.97 cash and one Qube share for every Asciano share. That makes the implied...

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