Macquarie-Led Group to Buy Qube Holdings for $8.3 Billion

A group led by Macquarie Asset Management will buy Qube Holdings Ltd. in a deal worth around A$11.7 billion ($8.3 billion), as the Australian firm adds a ports and rail operator to its vast swath of infrastructure assets.

The consortium will pay A$5.20 per Qube share, according to a statement on Monday. That’s a 28% premium to the last closing price on Nov. 21, before Macquarie made an initial approach. The group also includes Pontegadea, the family office of the founder of the Zara fashion brand.