BRIEF-Qube Holdings Says MAM-Led Consortium To Buy Co For A$5.20 Cash Per Share
Reuters
Feb 16
BRIEF-Qube Holdings Says MAM-Led Consortium To Buy Co For A$5.20 Cash Per Share
Feb 16 (Reuters) - Qube Holdings Ltd QUB.AX:
SCHEME IMPLEMENTATION DEED WITH MAM-LED CONSORTIUM
CONSORTIUM HAS AGREED TO ACQUIRE 100% OF SHARES IN QUBE BY WAY OF SCHEME OF ARRANGEMENT
QUBE SHAREHOLDERS WILL RECEIVE A$5.20 CASH PER SHARE
SCHEME IMPLIES ENTERPRISE VALUATION FOR QUBE OF A$11.7 BILLION
UNANIMOUSLY RECOMMENDS QUBE SHAREHOLDERS VOTE IN FAVOUR OF SCHEME IN ABSENCE OF A SUPERIOR PROPOSAL
UNDER SID, QUBE IS PERMITTED TO PAY FOLLOWING DIVIDENDS UP TO MAXIMUM OF A$0.40 CASH PER SHARE IN TOTAL
Further company coverage: QUB.AX
((Reuters.Briefs@thomsonreuters.com;))
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