Bermuda-based group Brookfield is holding a series of briefings this week, looking to win over the voting shareholders of Australian logistics firm Asciano, which agreed to a $12 billion takeover offer
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New treasurer good for Asciano, Graincorp takeovers?
Stock price bumps to both Asciano and Graincorp may suggest new treasurer Scott Morrison is good news for foreign businesses swooping on major Australian firms.
A takeover bid from US firm Archer Daniels
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Vietnamese steel plant commissions Schade machines
A giant new steel plant in Vietnam is commissioning bulk handling machines it ordered from German heavy equipment supplier Schade three years ago.
At the end of 2012, Schade Lagertechnik received one of
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Adani on front foot despite Carmichael critics
Indian conglomerate Adani remains confident in its embattled Carmichael coal project, despite growing pessimism from the banking sector and continued criticism from environmental groups.
The National Australia
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Inland Rail to add $22.5bn to economy: Truss
The proposed Inland Rail connection between Brisbane and Melbourne will cost around $10bn, “but not building it will cost us more,” according to federal infrastructure and regional development minister
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QBT’s Replacement Grain Handling Shiploader
Brisbane-based engineering firm Engineering Applications (ENAP) has recently completed a project for the design, fabrication and installation of a replacement grain handling shiploader for Queensland Bulk
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BHP gets an edge over Rio in Pilbara iron ore
Trimmed-down mining giant BHP Billiton has edged ahead of its major competitor in Western Australian iron ore production, reportedly cutting its breakeven production rate by roughly $US2 a tonne.
According
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Grain bodies urge ACCC to block Asciano sale
Brookfield’s proposed takeover of ASX-listed logistics and infrastructure firm Asciano will hurt the competitiveness of WA’s grain industry, according to the peak farming body in the state.
The Western
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All’s fair for Brisbane grain exports, commission says
The Australian Competition and Consumer Commission is preparing to exempt two major Port of Brisbane grain terminals from key portions of the Wheat Code, essentially deregulating the export of wheat at
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Hockey hints possible funding for Adani rail line
Australian treasurer Joe Hockey says he’s working with Queensland treasurer Curtis Pitt to convince Indian conglomerate Adani to build its 189km rail line and 60 million tonnes per annum coal mine in
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