The Financial Post reports in its Tuesday edition that Brookfield Asset Management said it continues to have the support of Asciano Ltd. in its takeover bid for the Australian rail and port operator amid a rival offer. A Bloomberg dispatch to the Post says Brookfield's cash-and-stock proposal was equivalent to $9.19 a share as of Nov. 20, Bloomberg said Monday (all figures U.S.). Qube Holdings Ltd., along with New York-based Global Infrastructure Partners and Canada Pension Plan Investment Board this month made a $9-billion counteroffer for Melbourne-based Asciano. While the Qube-led cash-and-stock offer is equivalent to $9.25 a share, Brookfield said its bid offers a "superior outcome" to Asciano shareholders. Brookfield's proposal has fully committed financing and is not dependent on acquiring 100 per cent of Asciano's shares, it said. Asciano's board continues to support Brookfield's offer in the absence of a superior proposal, Brookfield said. The Toronto-based conglomerate made the offer through its Brookfield Infrastructure Partners arm. It is seeking Asciano to gain control of the Pacific National rail business and the Patrick stevedoring businesses at ports in Melbourne, Sydney and Brisbane.