Qube Says Rubik Australia Acquires All of Its Issued Shares

MT Newswires Live

08/14

Qube Holdings (ASX:QUB) said Rubik Australia acquired all of the issued shares in the firm, according to a Friday Australian bourse filing.

Macquarie Group's (ASX:MQG) Macquarie Asset Management, together with its managed funds and co-investors including UniSuper and Pontegadea, completed their investment in Qube via a scheme of arrangement, valuing Qube at around AU$11.7 billion, per a separate statement.

Macquarie Asset and its co-investors will work with Qube's team on the next phase of the company's growth strategy.

UniSuper also received shares in Rubik Australia, in respect of the UniSuper specified shares as scheme consideration.

Trading in Qube shares on the ASX was suspended from the close of trading on July 8, and Qube will be removed from the official list of the ASX from the close of trading on Aug. 17.

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