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A takeover tussle has broken out over Asciano after a consortium led by Qube Holdings Ltd. made a nonbinding bid that valued the company at more than 9 billion Australian dollars (US$6.34 billion).

Brookfield Infrastructure Partners on Monday said it is part of a consortium that has agreed to buy Australian rail-and-port operator Asciano in a cash-and-stock deal that values Asciano at about ...

Asciano is now more than four years into Mullen’s five-year plan, which was underpinned by a very detailed business improvement program but which also involved a very heavy capital investment ...

The port and rail operator is outsourcing its entire IT infrastructure to Fujitsu, and is adopting the service provider's full suite of enterprise Cloud services.

Asciano and Brookfield are due to unveil a deal with the Tzaneros family today, clearing one of the last hurdles to the proposed $9 billion Asciano takeover.

Groups led by Brookfield Asset Management Inc. and Qube Holdings Ltd. are considering joining forces to buy Asciano Ltd. in a deal valuing the Australian port and rail operator at A$9.1 billion ...

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