Australia's competition watchdog raises concerns over Qube's MIRRAT deal

Qube Holdings

23/10/2024 23:35

Oct 24 (Reuters) - Australia's competition regulator
said on Thursday that competition concerns have been raised with
Qube Holdings'  QUB.AX  proposed acquisition of Melbourne
International RoRo & Auto Terminal Pty (MIRRAT).
    The Australian logistics provider had first announced the
deal to acquire MIRRAT in May for a consideration of A$332.5
million ($220.61 million).

($1 = 1.5072 Australian dollars)

 (Reporting by Shivangi Lahiri in Bengaluru; Editing by Alan
Barona)
 ((Shivangi.Lahiri@thomsonreuters.com))