SYDNEY, May 26 (Reuters) - Australia's antitrust watchdog
said on Thursday a proposed A$9.1 billion ($6.5 billion) buyout
of rail and port giant Asciano Ltd ASX.AX by a host of global
investors may hurt competition in the rail freight industry.
The Australian Competition and Consumer Commission (ACCC)
said the planned takeover by Canada's Brookfield Asset
Management Inc BAMa.TO and Australian cargo handler Qube
Holdings Ltd QUB.AX may give Qube unfair access to services
contracts with Asciano's ports.
($1 = 1.3920 Australian dollars)