What is the proposed acquisition value for Qube Holdings?

The non-binding proposal values Qube Holdings at A$11.6 billion, including debt, equating to $7.49 billion.

Who submitted the acquisition proposal for Qube?

Macquarie Asset Management, a unit of Macquarie Group, submitted the non-binding acquisition proposal for Qube.

When does the exclusivity period for Macquarie's due diligence on Qube end?

Qube has granted Macquarie Asset Management an exclusivity agreement for due diligence until February 1, 2026.

Home / Business and Economy / Qube Holdings Receives $7.49B Acquisition Offer

Qube Holdings Receives $7.49B Acquisition Offer

24 Nov

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Summary

Macquarie Asset Management proposed acquiring Qube for A$11.6 billion.
The offer represents a 27.8% premium over Qube's recent closing share price.
Qube has granted Macquarie a due diligence period until February 1, 2026.

Qube Holdings Receives $7.49B Acquisition Offer

Macquarie Asset Management, a division of Macquarie Group, has put forth a non-binding proposal to acquire Qube Holdings, Australia's leading integrated logistics provider. The proposed deal values Qube at A$11.6 billion, inclusive of debt, which translates to approximately $7.49 billion. This offer signifies a substantial 27.8% premium compared to Qube's closing share price on the preceding Friday, indicating a strong interest following prior, lower unsolicited offers.

Qube's Chairman, John Bevan, acknowledged the proposal as a testament to the company's robust assets and operations. The logistics firm has responded by entering into an exclusivity agreement with Macquarie Asset Management. This agreement grants the acquiring entity a period for comprehensive due diligence, scheduled to conclude by February 1, 2026. The offer price is subject to adjustments should Qube decide to distribute future dividends to its shareholders.