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2026-02-16 07:12:48
Macquarie Asset Management consortium has agreed to acquire Australian logistics giant Qube Holdings for A$5.20 per share, a deal valued at approximately A$11.7 billion (US$8.3 billion). This offer represents a 28% premium over the share price (closing price on November 21) before Macquarie initially expressed its interest. Qube is a port and rail operator with approximately 10,000 employees in Australia, New Zealand, and Southeast Asia, with operations spanning grain and cottonseed exports and a container logistics network. Macquarie Asset Management, as the acquiring party, manages approximately A$736 billion in assets and has extensive investments in global infrastructure, such as container terminals in New York and toll roads in South Korea.
