Qube Shares Soar as Macquarie Engages in Exclusive Negotiations for A$5.20/Share All-Cash Buyout

Written by Emily J. Thompson, Senior Investment Analyst

Source: SeekingAlpha

Updated: Nov 24 2025

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Source: SeekingAlpha

Proposal Details: Qube Holdings received a conditional proposal from Macquarie Asset Management to acquire all outstanding shares for A$5.20 each, implying an enterprise value of approximately A$11.6 billion, which is a 28% premium over the last closing price.
Due Diligence and Board Support: Qube's board has granted Macquarie exclusive due diligence rights until February 1 and expressed strong support for the transaction, intending to recommend it to shareholders if it becomes a binding offer.
Market Reaction: Following the announcement, Qube shares surged by 20.1% to A$4.89, reaching an all-time high, while shares of Macquarie Group experienced a slight decline.
Uncertainty of Finalization: Qube has cautioned that there is no certainty that the discussions will lead to a binding offer.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.