Asciano Limited
(ASX:AIO) has accepted a revised $12 billion takeover offer from Brookfield Infrastructure.
The final bid will provide Asciano shareholders with $6.94 in cash and 0.0387 shares in Brookfield for every Asciano share held.
The takeover still needs to be approved by shareholders, with a minimum support threshold of 75 per cent needing to be met.
Meantime Asicano has released its full year report to 30 June 2015, reporting a net profit of $359.6 million, a 41.1 per cent increase on the previous year.
An interim fully franked dividend of 8.25 cents per share was paid on March 18, but no final dividend has been declared.
