Brief: Qube Enters New Zealand Container Logistics Market With 50% Stake In Pinnacle Corporation

Qube Holdings

01/05/2023 10:37

May 1 (Reuters) - Qube Holdings Ltd  QUB.AX :
    * ENTERS NEW ZEALAND CONTAINER LOGISTICS MARKET WITH A 50%
STAKE
IN PINNACLE CORPORATION
    * ACQUIRES AUSTRALIAN BULK LOGISTICS PROVIDER KALARI
PROPRIETARY
LIMITED
    * TOTAL CONSIDERATION FOR BOTH DEALS ABOUT A$145 MILLION
    * DEALS TO BE EPS PRE-AMORTISATION ACCRETIVE ON A FULL YEAR
UNDERLYING BASIS

Source text for Eikon:  ID:nASX8qG45q 
Further company coverage:  QUB.AX 

 ((reuters.briefs@thomsonreuters.com;))