SYDNEY, Feb 23 (Reuters) - Consortiums led by Canada's
Brookfield Asset Management Inc BAMa.TO and Australia's Qube
Holdings QUB.AX are considering joining forces to bid for
Asciano Ltd AIO.AX , the Australian port and rail giant said on
Tuesday.
A new deal would deliver a higher value to Asciano
shareholders and speed up approval from the competition
watchdog, the two bidding parties said in separate letters to
the Asciano board.
The discussions remained preliminary, non-binding and there
was no formal agreement yet, leading Asciano to continue to
recommend Qube's A$9.01 billion ($6.51 billion) offer.
Asciano dumped an A$8.9 billion bid from Brookfield last
week after Qube revised its offer higher. = 1.3839 Australian dollars)