Nov 10 (Reuters) - Australian port and rail firm Asciano Ltd
AIO.AX said on Tuesday it had received a takeover proposal
from a consortium led by Qube Holdings QUB.AX , challenging a
rival offer from Canada's Brookfield Asset Management BAMa.TO .
The offer from Qube, along with partners Global
Infrastructure Partners and Canada Pension Plan Investment
Board, implied a value of A$9.25 per Asciano share, a 5.9
percent premium to Monday's close, and valuing the company at
A$9.02 billion ($6.35 billion). Brookfield's bid was at A$9.22 a
share.
Asciano said its board was considering the proposal. It also
said it would continue to unanimously recommend the Brookfield
proposal announced on Monday.
($1 = 1.4196 Australian dollars)