Macquarie Asset Management bids $7.5 billion for Australian logistics firm Qube Holdings
SYDNEY – Australian logistics giant Qube Holdings (QUB.AX) said on Monday it received a non-binding takeover proposal from Macquarie Asset Management valuing the company at an enterprise value of A$11.6 billion ($7.49 billion). The offer of A$5.20 per share in cash represents a 28% premium to Qube’s last closing price of A$4.07 on Friday. Shares…