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Farmers' lobby opposes Brookfield's $6.2 billion Asciano bid

( January 19, 2016, 02:27 GMT | Insight) -- Australian Lobby group WA Farmers will make a public submission to the Australian Competition & Consumer Commission expressing its opposition to Brookfield Infrastructure Partners' A$9 billion ($6.2 billion) bid for ports and rail operator Asciano,...Australian Lobby group WA Farmers will make a public submission to the Australian Competition & Consumer Commission expressing its opposition to Brookfield Infrastructure Partners' A$9 billion ($6.2 billion) bid for ports and rail operator Asciano, which it said would result in more grain being transported on Western Australian roads, rather than rail, ABC Australia reports. WA Farmers President Dale Park said Brookfield’s revised proposal, which includes a commitment to divest to an independent party Pacific National's bulk rail operations in Western Australia, was not significantly different from the original. The ACCC is accepting submissions relating to Brookfield’s revised proposal until Jan. 22 and is due to make a final decision on Feb. 18. ...

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