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​ACCC delays decision on Brookfield, Qube's bids for Asciano

( February 5, 2016, 02:29 GMT | Official Statement) -- MLex Summary: The Australian Competition & Consumer Commission has delayed to March 24, 2016, its decision on the proposed acquisition of Asciano by two competing buyers, a Qube-led consortium and a Brookfield-led consortium. In its statement, the ACCC said the extension was needed to consult on Qube’s transaction structure and consider whether revised undertakings offered by Qube could be consulted on. As for Brookfield, the ACCC said it required further time to consider issues raised by market participants about the undertakings it had offered, and to consider further revisions of those undertakings.The regulator's statement follows: ...

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