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The latest update is out from Qube Holdings ( (AU:QUB) ).
Qube Holdings has received an ASX waiver allowing it to depart from the standard scheme implementation timetable for its proposed acquisition by Rubik Australia via a scheme of arrangement. The modified timetable is designed to accommodate the potential payment of a fully franked special dividend once the scheme becomes effective and to align with the bidder’s funding drawdown for the cash consideration.
Under the waiver, Qube must provide clear market disclosure about trading consequences after the scheme becomes effective and obtain ASX approval for any further timetable changes. The company plans to send scheme booklets and meeting notices to shareholders following a first court hearing on 23 April 2026, with scheme meetings expected in June, and the board unanimously recommending shareholders vote in favour in the absence of a superior proposal and subject to an independent expert’s support.
The most recent analyst rating on (AU:QUB) stock is a Hold with a A$5.20 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 is an Australian logistics and infrastructure company listed on the ASX. It operates across ports, bulk, and logistics services, providing integrated freight, stevedoring, and supply chain solutions to industrial and commodity customers in domestic and export markets.
Average Trading Volume: 6,855,300
Technical Sentiment Signal: Buy
Current Market Cap: A$8.85B
See more insights into QUB stock on TipRanks’ Stock Analysis page.