Settlement Paves Way For $6.6B Australian Freight Takeover
By Joyce Hanson ( June 27, 2016, 5:27 PM EDT) -- Australian freight logistics firm Asciano Ltd. said on Monday it has reached a settlement with a group of shareholders about its joint venture with logistics provider ACFS Port Logistics, thus removing a legal obstacle that had blocked its AU$9 billion ($6.6 billion) takeover by logistics company Qube Holdings Ltd. and Brookfield Infrastructure Partners....
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