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QUB — Qube Holdings News Story

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Macquarie offers to acquire Australia's Qube Holdings at enterprise value of $7.49 billion

Nov 24 (Reuters) - Qube Holdings QUB.AX said on Monday that Macquarie Asset Management, a unit of Macquarie MQG.AX, submitted a non-binding proposal to acquire all issued shares of Qube for A$5.20 in cash per share, valuing the company at A$11.6 billion ($7.49 billion), including debt.

The companies have entered into a process and exclusivity deed in relation to the proposal, Qube added.

($1 = 1.5477 Australian dollars)

 (Reporting by Adwitiya Srivastava in Bengaluru; Editing by Edmund Klamann)

 ((Adwitiya.Srivastava@thomsonreuters.com;))

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