Qube confirms ongoing due diligence for $11.6b Macquarie Asset Management takeover
The news: Logistics group Qube has received confirmation from Macquarie Asset Management that it is continuing its exclusive due diligence for a proposed $11.6 billion takeover offer.
The numbers: The Macquarie Asset Management offer proposes to pay Qube shareholders $5.20 cash per share.
The context: Qube told the exchange that it has received confirmation from Macquarie Asset Management under the process and exclusivity deed that was entered into on 23 November 2025 to continue the due diligence process.
This confirms that the due diligence period will run until 1 February 2026.
A further extension to 15 February 2026 is possible if Macquarie Asset Management notifies Qube by 29 January that it continues to progress the potential transaction “in good faith but requires additional time to finalise its due diligence investigations” and reconfirms the proposed valuation.
The source: ASX