Comment / Sugar Qube takeover – done deal?

Macquarie’s surprise 24 November offer to purchase Qube Logistics is a savvy play – but is it far from a done deal?

I think so.

Hey, big spender!

Around this time last year, I wrote about some potential targets for private equity but they were small fry compared to this.      

Three weeks ago, Macquarie Asset Management (MAM) launched a non-binding, indicative proposal to purchase Australian logistics and port operator Qube Logistics for A$11.6 billion, enterprise value.

The ...