Asciano ‣ WorldCargo News

Battle for Asciano drawing to a close

News17 Mar 2016

Asciano has recommended a revised offer for its port and rail assets, which will be split up and sold to consortia involving Qube and seven ...

News16 Feb 2016

After failing to receive a matching offer to Qube’s proposal, Asciano advises shareholders to reject Brookfield’s offer...

News9 Feb 2016

Asciano has deemed a revised offer from Qube to be superior to Brookfield’s earlier proposal, triggering a bidding war for the Australian ...

News1 Feb 2016

Qube Holdings has formally made an offer for Asciano, pitching itself as the "natural owner" for the Patrick Stevedoring business in the pro...

News26 Nov 2015

Australia’s Competition and Consumer Commission (ACCC) has rejected Brookfield’s plan for preserving competition on key part’s of Aust...

News7 Nov 2015

With both now holding approximately 20% of Asciano shares, a battle is underway for control of he company...

News1 Nov 2015

Brookfield Infrastructure Partners and Qube Holdings Limited continue to trade blows in their battle to gain control of Asciano. Asciano man...

News1 Oct 2015

Following an international competitive tender, Hyster has reported an order from Australian rail operator Pacific National (PN), part of Asc...

News1 Sep 2015

Earlier in the year, Patrick closed its straddle carrier terminal at Port Botany for four days and then re-opened the facility as an automat...

News1 Jul 2015

Canadian infrastructure fund in a bid to acquire 100% of Australian ports and rail operator...

News1 Jul 2015

The A$8.8B (US$6.4B) bid by Canada’s Brookfield Asset Management (BAM) for Australia’s Asciano faces a number of hurdles before any deal...

News18 Jun 2015

Australian port operator looking to leverage automation to attract a partner and take its AutoStrad concept beyond Australia...

News20 Apr 2015

Patrick Stevedore’s Port Botany terminal is now operating with automated straddle carriers....

News11 Mar 2015

Tenants, users and customers are to make a united approach to the Australian Competition and Consumer Commission seeking regulation of major...

News1 Feb 2015

Australia’s Asciano is remaining officially coy about a possible sale of its Patrick container terminals and logistics division, nine mont...