BUZZ-Australia's Qube rises; joins forces with Brookfield to buy Asciano

Mon Feb 22, 2016 11:16pm EST
 
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** Infrastructure firm Qube Holdings' shares rise as much as 12.4 pct to A$2.26, highest since Feb 2

** Joins forces with Canada's Brookfield Asset Management to make a A$9 billion ($6.50 billion) bid for Asciano Ltd

** Asciano earlier this month rejected a A$8.9 bln offer from Brookfield after Qube upped its offer

** Asciano's shares rise as much as 1.8 pct at A$9.03

** Stock second-biggest percentage gainer on the S&P/ASX 200 Industrials Index

($1 = 1.3845 Australian dollars) (Reuters Messaging: rushil.dutta.thomsonreuters.com@reuters.net)