MELBOURNE Oct 29 (Reuters) - Australia's Qube Holdings Ltd , a logistics services provider, has taken a near 20 percent stake in freight firm Asciano Ltd, potentially blocking a bid from a large Canadian rival, a source familiar with the transaction said on Thursday.
"(QUBE has) acquired just short of 20 percent of Asciano," the source told Reuters, adding that the new stakeholder intended to vote against the proposed takeover.
00:02 AT&T Aims for an Empire in Merger Talks With Time Warner6
21:31 Time Warner jumps after hours on report it could sell for $110 per share to AT&T1
23:06 AT&T discussed takeover in meetings with Time Warner: Bloomberg
18:04 US stocks hold higher after release of Fed's Beige Book; energy rises 2%