Asciano Limited
From Infogalactic: the planetary knowledge core
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| Public | |
| Traded as | ASX: AIO |
| Industry | Transport, Logistics, Stevedoring and Rail transport |
| Founded | 2007 |
| Headquarters | 476 St Kilda Road, Melbourne Australia |
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Key people
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Malcolm Broomhead, Chairman John Mullen, CEO Roger Burrows, CFO |
| Subsidiaries | Pacific National Patrick Corporation |
| Website | www.asciano.com.au |
Asciano Limited is an Australian freight logistics company, operating in railway freight and shipping. Asciano was demerged from Toll Holdings in 2007, and owns Patrick Corporation and Pacific National as subsidiary companies. Asciano specialises in bulk and container shipping and transportation, with port and train operations across Australia. It has over 8,000 employees. It is an ASX 50 company.[1]
In June 2015, Brookfield Infrastructure Partners launched a takeover offer for the company. Qube Holdings have since made a counter offer. The offers have attracted the attention of the Australian Competition and Consumer Commission, with both already owning transport and port operations in Australia.[2][3]
References
- ↑ ASX Top 50 Australian Securities Exchange
- ↑ Asciano takeover battle drags on SBS News 5 February 2016
- ↑ Asciano board backs Qube consortium's enlarged takeover bid Sydney Morning Herald 9 February 2016
