Nov 5 (Reuters) - Brookfield Infrastructure Partners LP BIP.N :
* Acquires a stake in Asciano
* Deal for about $1.2 billion
* Acquired about 188 million shares in Asciano Limited representing an
approximate 14.9% interest in the company
* Also entered into arrangements giving it economic interests in a further
approximately 4.3% of Asciano
* Subject to agreeing to a bid implementation agreement with Asciano, intends
to make a takeover offer for Asciano
* Source text for Eikon urn:newsml:reuters.com:*:nMKWR4N8Xa
* Further company coverage BIP.N