Asciano posts $182m loss
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Ports and rail operator Asciano has recorded a larger than expected loss of $182 million for 2008.
But its underlying earnings are within its forecasts at $653 million.
Earlier this week, the company rejected a $2.9 billion takeover bid from two private equity groups.
Asciano was spun out of transport and logistics company, Toll Holdings, after Toll took over rival, Patrick.