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Asciano’s profit down as takeover takes effect

Aug 19, 2016Loco Express

Asciano’s profit in its last year of operation as an independent company tumbled by 24 per cent, according to reports in The Australian.

The revelations come just after the $9 billion takeover by Qube Holdings and Brookfield Infrastructure Partners, which took effect in July this year.
Read the more in The Australian here (behind a paywall)