- Canada’s Brookfield Infrastructure Partners (NYSE:BIP) has made an A$8.8B ($6.8B) takeover offer for Australian ports operator Asciano (OTCPK:AIOYY), amid a surge of interest in infrastructure assets worldwide.
- The proposal to acquire Asciano at an implied value of A$9.05 per share (36% premium to its closing price on Tuesday) would represent the biggest takeover of an Australian company since SABMiller bought Fosters in 2011.