Analysis: Brookfield offer for Asciano may not 'be in Australia's national interests'

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Australian port operator Asciano could be on the verge of being taken over by an infrastructure investor from Canada which owns a few port holdings and is no stranger to the market.

“Brookfield, the acquirer, is well positioned to secure the assets it is after,” a US banker told me.

Yet anyone who considers a fully-fledged takeover of Asciano as a done deal may be left with a bitter taste in his month.

The proposal

Asciano said on 1 July it had received ...