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Deals Rumor Mill: Asciano, Basic-Fit, UrbaCon Trading

By Benjamin Horney (February 17, 2016, 5:01 PM EST) -- Canada's Brookfield Asset Management is gearing up to make another play for Australian freight logistics company Asciano Ltd., Reuters reported on Wednesday, and this time around, the company will partner with Qatar Investment Authority to offer $6.4 billion. The rumor sprouts about half a year after Brookfield led a consortium that made an ultimately failed bid to acquire Asciano. Meanwhile, Asciano is apparently willing to tie up with a group that includes Qube Holdings Ltd. and China Investment Corp. instead, the report noted, although Brookfield may try to usurp that group's offer by increasing its own....

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