Macquarie offers to acquire Australia’s Qube Holdings at enterprise value of $7.49 billion

Qube Holdings QUB said on Monday that Macquarie Asset Management, a unit of Macquarie MQG, submitted a non-binding proposal to acquire all issued shares of Qube for A$5.20 in cash per share, valuing the company at A$11.6 billion ($7.49 billion), including debt.

The companies have entered into a process and exclusivity deed in relation to the proposal, Qube added.

($1 = 1.5477 Australian dollars)