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The latest announcement is out from Qube Holdings ( (AU:QUB) ).
Qube Holdings has confirmed that Macquarie Asset Management has met the necessary conditions under an existing process and exclusivity deed, allowing the exclusivity period for Macquarie’s proposal to continue. While the due diligence process progresses, Qube has cautioned there is no certainty the discussions will result in a binding offer for shareholders, and it has committed to providing further updates as required, underscoring an ongoing strategic review that could materially influence the company’s ownership structure and future direction.
The most recent analyst rating on (AU:QUB) stock is a Hold with a A$4.30 price target. To see the full list of analyst forecasts on Qube Holdings stock, see the AU:QUB Stock Forecast page.
More about Qube Holdings
Qube Holdings Limited is an Australian logistics and infrastructure company listed on the ASX that provides integrated logistics, port, and supply chain services across key import and export markets.
Average Trading Volume: 4,654,301
Technical Sentiment Signal: Buy
Current Market Cap: A$8.57B
Learn more about QUB stock on TipRanks’ Stock Analysis page.