Macquarie Offers $11.6B for Qube Holdings
Update: 2025-11-24
Description
Macquarie Asset Management has made a significant offer to buy Australian logistics giant Qube Holdings, valuing the company at $11.6 billion. The proposal suggests a cash payment of $5.20 per share, representing a nearly 28% premium over Qubes closing share price last Friday. Following the news, Qubes shares jumped almost 20%. The deal is still in its early stages and depends on Macquaries review of Qubes finances, board approval, and regulatory clearances.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
