Asciano Limited

Asciano Limited

Type	Public
Traded as	ASX: AIO
Industry	Transport, Logistics, Stevedoring and Rail transport
Founded	2007
Headquarters	476 St Kilda Road, Melbourne Australia
Key people	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

External links

Official website

S&P/ASX 50 companies of Australia → S&P/ASX 200

Business in Australia

Institutions	Australian Competition and Consumer Commission Australian corporate law Australian Prudential Regulation Authority Australian Securities and Investments Commission Australian Takeovers Panel Constitution of Australia, 1901 (Cth) corporations power Economy of Australia

Stock Exchange	Australian Securities Exchange S&P/ASX 20 S&P/ASX 50 S&P/ASX 200 S&P/ASX 300 Chi-X

Business associations	Australian Chamber of Commerce and Industry Australian Hotels Association Australian Industry Group Business Council of Australia Minerals Council of Australia National Farmers' Federation

S&P/ASX 50 companies (alpha–sorted)	AGL Energy Amcor AMP APA Asciano Aurizon ANZ ASX BHP Billiton Brambles Caltex Australia Coca-Cola Amatil Commonwealth Bank Computershare Crown CSL Dexus Federation Centres Goodman GPT Incitec Pivot IAG James Hardie Lend Lease Macquarie Group Medibank Mirvac National Australia Bank Newcrest Mining Oil Search Orica Origin Energy QBE Insurance Ramsay Health Care Rio Tinto Santos Scentre Seek Limited Sonic Healthcare South32 Stockland Suncorp Sydney Airport Holdings Telstra Transurban Wesfarmers Westfield Westpac Woodside Petroleum Woolworths

Other notable companies	Adelaide Bank Akubra Alumina AXA Asia Pacific Bendigo Bank BlueScope Steel Caltex Challenger CIMIC Cochlear Coles Fairfax Media Fosters Holden James Hardie JB Hi-Fi John Holland Macquarie Radio Metcash National Storage News Corp Australia Nine Entertainment Optus RM Williams Seven West Media Southern Cross Austereo St George Bank Star Entertainment Group Vero Insurance Zinifex

Corporate controversies and collapses	Ansett Australia Bridgecorp Holdings Firepower International Great Southern Group James Hardie asbestos controversy Rodney Adler, Brad Cooper, Ray Williams and the collapse of HIH Insurance King Brothers Opes Prime Pasminco becomes Zinifex Poseidon bubble Price fixing in the packaging industry Rene Rivkin and the Offset Alpine fire Jodee Rich and One.Tel Network Ten and its cost-cutting measures Christopher Skase and Qintex Storm Financial WA Inc Wayne Mansfield Westpoint Timbercorp Dick Smith Holdings

Notable individuals	Peter Abeles Warren Anderson Reg Ansett Alan Bond Robert Champion de Crespigny Lang Hancock Janet Holmes à Court Robert Holmes à Court Rod Eddington Andrew Forrest David Gonski Joseph Gutnick Margaret Jackson Gail Kelly Frank Lowy David Morgan Hugh Morgan Lachlan Murdoch James Murdoch Rupert Murdoch Sidney Myer Jacques Nasser Frank Packer James Packer Kerry Packer Clive Palmer Arvi Parbo Gina Rinehart Dick Smith Kerry Stokes Ziggy Switkowski Harry Triguboff Malcolm Turnbull Solomon Trujillo Nicholas Whitlam

This article is issued from Wikipedia - version of the Thursday, March 10, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.