BUZZ-Australia's Asciano rises after Qube buys stake to block Brookfield's bid

Thu Oct 29, 2015 8:56pm EDT
 
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** Logistics firm Asciano Ltd rises 7.5 pct to over two-week high

** Qube Holdings Ltd and partners buy 19.99 pct stake in Asciano to block a $6.5 bln bid from Canada's Brookfield Asset Management

** Over 11.4 mln shares change hands, nearly double their 30-day average

** Stock up about 25 pct this year as of Thursday's close

** Qube shares up as much as 4 pct (Reuters messaging:; justin.varghese.thomsonreuters.com@reuters.net)