Qube Seeks to Block Brookfield's $6.3 Billion Asciano Takeover

  • Logistics firm offers to buy Asciano shares for A$8.80 apiece
  • Qube may seek alternative deal involving Asciano carve-up

A group led by Qube Holdings Ltd., the Australian logistics operator, is seeking to increase its Asciano Ltd. stake to 19.9 percent in an attempt to block an A$8.9 billion ($6.3 billion) takeover of the rail and port operator by Brookfield Infrastructure Partners.

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