Business News • MarketWire • Brookfield Infrastructure Provides Update on Asciano |
Brookfield Infrastructure Provides Update on Asciano |
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Brookfield Infrastructure Provides Update on Asciano
HAMILTON, BERMUDA--(Marketwired - Nov. 25, 2015) - Brookfield Infrastructure Partners L.P. ("Brookfield Infrastructure") (NYSE:BIP)(TSX:BIP.UN) advises that the Australian Competition and Consumer Commission (ACCC) announced today its determination not to accept Brookfield Infrastructure's proposed undertakings, which were previously submitted in connection with Brookfield Infrastructure's acquisition of Asciano Limited. Notwithstanding this interim decision, the ACCC has expressly indicated that it has not formed a final view on the transaction, which it has reserved until December 17, 2015.
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