Asciano board backs Qube consortium's enlarged takeover bid

By Jenny Wiggins
Updated February 9 2016 - 6:08am, first published February 8 2016 - 6:50pm
Asciano's board has backed Qube's enlarged bid.  Photo: Ian Waldie
Asciano's board has backed Qube's enlarged bid. Photo: Ian Waldie

 Brookfield Infrastructure is under pressure to formalise a higher cash bid for Asciano after the ports and rail group's board declared a revised $9.05 billion bid from rival Qube "superior".

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