Tuesday, February 23, 2016

UPDATE 1-Australian takeover target Asciano posts 5.3 pct rise in H1 net profit

SYDNEY, Feb 24 (Reuters) - Australia's Asciano Ltd, the target of a A$9 billion ($6.5 billion) takeover battle that has seen rival bidders merge to make a joint assault, on Wednesday posted a 5.3 percent rise in first-half net profit after increasing coal haulage.


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