{"id":477644,"date":"2026-02-16T02:27:08","date_gmt":"2026-02-16T02:27:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/477644\/"},"modified":"2026-02-16T02:27:08","modified_gmt":"2026-02-16T02:27:08","slug":"qube-holdings-shares-after-macquarie-8-3-billion-takeover-deal","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/477644\/","title":{"rendered":"Qube Holdings shares after Macquarie $8.3 billion takeover deal"},"content":{"rendered":"

The Macquarie Group Ltd. logo is displayed on the facade of the Macquarie Group Building in Sydney, Australia, on Friday, April 27, 2012.<\/p>\n

Ian Waldie | Bloomberg via Getty Images<\/p>\n

Shares of Australia’s Qube Holdings jumped to a record high Monday after the ports and logistics company agreed to be taken over by a consortium led by Macquarie Asset Management at an enterprise value of about $11.7 billion Australian dollars ($8.26 billion).<\/p>\n

Qube Holdings<\/a> jumped 3.6% to over $5 Australian dollars.<\/p>\n

The offer represents a 27.8% premium to Qube’s last closing price of AU$4.07 on Nov. 21, the final trading day before the company announced it had entered an exclusivity process for the deal, Qube\u00a0said in a statement<\/a>.<\/p>\n

Stock Chart IconStock chart icon\"hide<\/p>\n

Shares of Qube Holdings jump to a record high<\/p>\n

The deal is structured as an all-cash offer of A$5.20 per share for public shareholders, other than UniSuper which holds about 15% of Qube and will roll its stake into a new holding structure.<\/p>\n

The consortium is led by Macquarie Asset Management and includes UniSuper and Pontegadea, the investment firm of Spanish billionaire and Zara founder Amancio Ortega.<\/p>\n

“The scheme consideration represents a significant premium to the share price prior to the announcement. It reflects the strength of the business today and the strong growth prospects Qube enjoys,” said Qube Chairman John Bevan.<\/p>\n

Qube is a major Australian logistics and infrastructure group<\/a> with operations spanning Australia, Southeast Asia and New Zealand. Its network handles a range of freight services, including bulk commodity exports. The company employs around 10,000 people.<\/p>\n

The transaction is expected to be put to shareholders around June 2026, and will be subject to regulatory approvals, including from Australia’s Foreign Investment Review Board, the Australian Competition & Consumer Commission, New Zealand’s Overseas Investment Office and Papua New Guinea’s competition regulator.<\/p>\n

If the deal is delayed beyond Dec. 15, 2026, the consortium would pay an extra 2 Australian cents per share per month until completion.<\/p>\n

Macquarie Asset Management currently manages around AU$720 billion in assets<\/a> globally across public and private markets with portfolio companies spanning across the infrastructure, real estate and green investments sectors.<\/p>\n","protected":false},"excerpt":{"rendered":"The Macquarie Group Ltd. logo is displayed on the facade of the Macquarie Group Building in Sydney, Australia,…\n","protected":false},"author":2,"featured_media":477645,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[2840,1386,45,161,49,48,193642,100,5441,193643],"class_list":["post-477644","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-australia","tag-breaking-news-markets","tag-business","tag-business-news","tag-ca","tag-canada","tag-ishares-msci-australia-etf","tag-markets","tag-new-zealand","tag-qube-holdings-ltd"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/477644","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=477644"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/477644\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/477645"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=477644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=477644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=477644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}