Macquarie Offers $11.6B for Qube Logistics
Update: 2025-11-24
Description
Macquarie Asset Management has proposed a $11.6 billion acquisition of Qube Holdings, a significant player in Australian logistics and shipping. The offer values Qube at $7.5 billion USD, with a premium of 28% over its closing share price. Qubes board unanimously recommends shareholders approve the deal, contingent on a binding bid of at least $5.20 per share. The acquisition highlights growing interest in the logistics sector and comes after previous discussions between the two companies.
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