Asciano Ltd (AANOF) 6.8100 $AANOF ACCC to consu
Post# of 273242
ACCC to consult market on proposed undertakings from Brookfield
M2 - Tue Dec 22, 5:28AM CST
The Australian Competition and Consumer Commission has commenced market consultation on proposed revised undertakings offered by a consortium assembled by Brookfield Asset Management Inc. that includes Brookfield Infrastructure Partners LP (Brookfield) in relation to the proposed acquisition of Asciano Limited (ASX: AIO) (Asciano).
BIP: 46.82 (-1.01)
ACCC decides not to accept Brookfield's proposed undertakings
M2 - Thu Dec 03, 3:49AM CST
November 26, 2015
Brookfield Infrastructure Provides Update on Asciano
Marketwired - Wed Nov 25, 7:15PM CST
Brookfield Infrastructure Partners L.P. ("Brookfield Infrastructure" (NYSE: BIP)(TSX: BIP.UN) advises that the Australian Competition and Consumer Commission (ACCC) announced today its determination not to accept Brookfield Infrastructure's proposed undertakings, which were previously submitted in connection with Brookfield Infrastructure's acquisition of Asciano Limited. Notwithstanding this interim decision, the ACCC has expressly indicated that it has not formed a final view on the transaction, which it has reserved until December 17, 2015.
BIP: 46.82 (-1.01), BIP-UN.TO: 61.70 (-0.70)
Brookfield Infrastructure Notes Recent ACCC Announcement
Marketwired - Thu Oct 15, 6:47AM CDT
Brookfield Infrastructure Partners L.P. ("Brookfield Infrastructure" (NYSE: BIP)(TSX: BIP.UN) notes the ASX announcement made today by Asciano following release by the Australian Competition and Consumer Commission (ACCC) of its Statement of Issues regarding the proposed acquisition of Asciano Limited.
BIP: 46.82 (-1.01), BIP-UN.TO: 61.70 (-0.70)
ACCC releases SoI on the proposed acquisition of Asciano Limited by Brookfield
M2 - Thu Oct 15, 3:58AM CDT
The Australian Competition and Consumer Commission has released a Statement of Issues on the proposed acquisition of Asciano Limited (ASX: AIO) (Asciano) by a consortium assembled by Brookfield Infrastructure Partners LP (Brookfield).
Brookfield Infrastructure Consortium to Acquire Asciano Limited
Marketwired - Mon Aug 17, 7:31AM CDT
Brookfield Infrastructure (NYSE: BIP)(TSX: BIP.UN) today announced a binding agreement, together with its institutional partners (the "Brookfield Consortium" to acquire the entire issued capital of Asciano Limited (ASX: AIO) ("Asciano", a high quality rail and port logistics company in Australia with an enterprise value of approx. A$12 billion. The transaction has received the unanimous support of the Asciano Board of Directors(1) and will be implemented by a scheme of arrangement ("Scheme" under Australian law which will see Asciano shareholders receive an implied value of approximately A$9.15(2) per Asciano share.
BIP: 46.82 (-1.01), BIP-UN.TO: 61.70 (-0.70)
Brookfield Infrastructure Responds to Asciano Announcement
Marketwired - Tue Jun 30, 10:58PM CDT
Brookfield Infrastructure (NYSE: BIP)(TSX: BIP.UN) has been advised of the announcement made by Asciano Limited today (Australian time) disclosing its receipt of a proposal by and on behalf of Brookfield Infrastructure and its institutional partners. Brookfield Infrastructure notes that the indicative proposal is non-binding and conditional and that exclusive discussions with Asciano in furtherance of a potential transaction are ongoing. There can be no assurance that a transaction will be completed or of the final terms thereof. Brookfield Infrastructure does not intend to provide further updates in relation to the proposal until appropriate.
BIP: 46.82 (-1.01), BIP-UN.TO: 61.70 (-0.70)
ACCC will not oppose Patrick's proposed joint venture with ACFS
M2 - Thu Jun 25, 3:57AM CDT
The Australian Competition and Consumer Commission has announced that it will not oppose Patrick Container Ports Pty Ltd's (Patrick) (a subsidiary of Asciano Limited (ASX: AIO)) proposed joint venture with Australian Container Freight Service Pty Ltd (ACFS) pursuant to section 50 of the Competition and Consumer Act.