Shares in Asciano have been put on a trading halt, after experiencing a dramatic fall of 60 per cent today.
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Asciano dismisses $2.9 billion takeover approach
Asciano has dismissed a $2.9 billion takeover offer from a Texas-based consortium, saying it undervalues its business.
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TPG makes a $1 billion move on Asciano
Private equity consortium TPG has reportedly made a $1 billion share offer to Asciano, after its initial takeover proposal was thwarted three months ago.
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